Transaction · Payments · 2024

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.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquisition of controlling stake in tax software subsidiary to strengthen service portfolio and expand SaaS fintech offerings.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 24, 2024
Acquirer
Zaggle Prepaid Ocean Services (Strategic)
Sub-sector
Payments

Frequently asked questions

When did Zaggle Prepaid Ocean Services announce the acquisition of Span Across IT Solutions?

Zaggle Prepaid Ocean Services announced the acquisition of Span Across IT Solutions on December 24, 2024.

What sub-sector is Span Across IT Solutions in?

Span Across IT Solutions is tracked in the Payments sub-sector.

Sources

  • yourstory.com /2024/12/zaggle-placement-draws-major-banks-raises-rs-595-cr-at-5-discount