Zaggle / Span Across IT Solutions 2024
Zaggle Prepaid Ocean Services acquired Span Across IT Solutions on December 24, 2024.
- Target
- Span Across IT Solutions
- Acquirer
- Zaggle Prepaid Ocean Services
- Announced
- December 24, 2024
- Sub-sector
- Payments
Transaction overview
- Zaggle Prepaid Ocean Services announced the acquisition of Span Across IT Solutions on December 24, 2024.
Strategic rationale
Acquisition of controlling stake in tax software subsidiary to strengthen service portfolio and expand SaaS fintech offerings.
Deal terms & multiples
Sources
- yourstory.com /2024/12/zaggle-placement-draws-major-banks-raises-rs-595-cr-at-5-discount