Exits, an Egypt-based online marketplace for buying and selling websites, applications, and traditional businesses, has been bought by PIE, a Mergers and Acquisitions (M & A) advisory firm.
Why The Acquisition?
PIE purchased Exits in order to build the region’s microacquire and make it simpler for smaller companies to receive more awareness from investors and eventually list on an M&A marketplace, as well as for buyers to seek for potential acquisitions online.
Exits anonymously connects buyers and sellers and has over 100 thriving enterprises on its marketplace. It also allows you to evaluate crucial metrics to get the best match.
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“PIE can act as both sell and buy-side advisor or as an independent advisor that steps into a deal where both ends are unable to agree on the terms of sale, or even as bringing new options for sellers or buyers to a pending deal to enhance the numbers and bring more benefits to the founders. PIE offers not only the traditional M&A advice but goes as much as preparing startups inside out to a takeover or an investment through a package of several support functions and business consultancy schemes,” Mohamed Aboulnaga, Founder of PIE, said.
PIE, founded just this year by Mohamed Aboulnaga, has an aim to construct a powerful boutique and serve as a flagship for startups and SMEs’ investment banking services catering to the M&A market.
Exits marketplace Egypt Exits marketplace Egypt
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh