Infinite Partners acquires South Africa fintech startup e4 for $52.5m
Independent private equity fund manager, Infinite Partners and a consortium of PE firms have acquired South African fintech startup e4 for $52.5m (ZAR1bn).
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Independent private equity fund manager, Infinite Partners and a consortium of PE firms have acquired South African fintech startup e4 for $52.5m (ZAR1bn).
Specialist fintech company e4 has been acquired by a consortium of private equity investors.
Infinite Partners is leading a group of private equity investors in the acquisition of e4.
The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion.
In the wake of global economic headwinds, eagle-eyed investors are turning to sector-specific quality assets in emerging markets to generate long-term, healthy returns.