Alakazam Holdings BidCo / Equals Group 2024
Alakazam Holdings BidCo Limited acquired Equals Group plc on December 11, 2024.
- Target
- Equals Group plc
- Acquirer
- Alakazam Holdings BidCo Limited
- Announced
- December 11, 2024
- Sub-sector
- Embedded Finance
Transaction overview
- Alakazam Holdings BidCo Limited announced the acquisition of Equals Group plc on December 11, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Consortium combining Equals' cross-border payments and banking with Railsr's embedded finance platform to create a large European embedded finance player with expanded capital access.
Deal terms & multiples
Frequently asked questions
When did Alakazam Holdings BidCo Limited announce the acquisition of Equals Group plc?
Alakazam Holdings BidCo Limited announced the acquisition of Equals Group plc on December 11, 2024.
What sub-sector is Equals Group plc in?
Equals Group plc is tracked in the Embedded Finance sub-sector.
Sources
- investegate.co.uk /announcement/rns/equals-group--eqls/rule-2-7-announcement-/8604798