M&A activity has seen a steady increase across the globe over the past decade, especially in Cape Town. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 3 acquisitions that took place in Cape Town .
Acquisition amount:
$4,948,465
Announcement:
13 September 2021
A technological startup called Picup specializes on last-mile deliveries.
Headquarter:
Cape Town, NA - South Africa, South Africa
Where to find them:
Website
Industry:
Apps, Delivery Service, Logistics
Karooooo creates software for managing a fleet of vehicles and offers real-time data analytics solutions for efficient transportation.
Headquarter:
Singapore, Central Region, Singapore
Where to find them:
Website
Acquisition amount:
$31,619,271
Announcement:
15 March 2021
An internet retailer called Yuppiechef sells a variety of products, including food, drinks, spices, cookware, and appliances.
Headquarter:
Cape Town, NA - South Africa, South Africa
Where to find them:
Website
Industry:
E-Commerce, Food and Beverage, Online Portals
The MR Price Group consists of several apparel businesses.
Headquarter:
Durban, NA - South Africa, South Africa
Where to find them:
Website
Acquisition amount:
$64,351,236
Announcement:
12 August 2022
From early education through professional certification, Pearson South Africa offers educational services.
Headquarter:
Cape Town, NA - South Africa, South Africa
Where to find them:
Website
Industry:
Education
Market leader in the manufacturing and printing industries is Novus Holdings.
Headquarter:
Cape Town, NA - South Africa, South Africa
Where to find them:
Website
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