Alakazam / Equals Group 2024
Alakazam Holdings Bidco Ltd acquired Equals Group for $356M on December 11, 2024.
- Target
- Equals Group
- Acquirer
- Alakazam Holdings Bidco Ltd
- Deal value
- $356M
- Announced
- December 11, 2024
- Sub-sector
- Embedded Finance
Transaction overview
- Alakazam Holdings Bidco Ltd announced the acquisition of Equals Group on December 11, 2024 for $356M.
Strategic rationale
Towerbrook, JC Flowers and Railsr consortium consolidates embedded finance and payments platforms to create significant new fintech player.
Deal terms & multiples
Sources
- lse.co.uk /news/equals-group-agrees-to-gbp283-million-takeover-by-alakazam-4zv8lo0h0wyvizt.html