In June 2023, my company, Asaak did something unusual for an African tech startup: we acquired another company on another continent. More specifically, we acquired the operations of FlexClub Mexico, a company that offers car financing for ride-hailing drivers. The acquisition, which came off the back of our turn to profitability, was massive for us. … Continue reading M&A for Emerging Markets: Lessons from an Acquisition
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M&A for Emerging Markets: Lessons from an Acquisition
In June 2023, my company, Asaak did something unusual for an African tech startup: we acquired another company on another continent. More specifically, we acquired the operations of FlexClub Mexico, a company that offers car financing for ride-hailing drivers. The acquisition, which came off the back of our turn to profitability, was massive for us. … Continue reading M&A for Emerging Markets: Lessons from an Acquisition