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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Towerbrook, JC Flowers and Railsr consortium consolidates embedded finance and payments platforms to create significant new fintech player.
Deal terms & multiples
Frequently asked questions
How much did Alakazam Holdings Bidco Ltd pay for Equals Group?
Alakazam Holdings Bidco Ltd acquired Equals Group for $356M, announced on December 11, 2024.
When did Alakazam Holdings Bidco Ltd announce the acquisition of Equals Group?
Alakazam Holdings Bidco Ltd announced the acquisition of Equals Group on December 11, 2024.
What sub-sector is Equals Group in?
Equals Group is tracked in the Embedded Finance sub-sector.
Sources
- lse.co.uk /news/equals-group-agrees-to-gbp283-million-takeover-by-alakazam-4zv8lo0h0wyvizt.html