A consortium of investors led by African private equity fund manager Infinite Partners has acquired the group
In yet another move that demonstrates the growing interest in financial technology platforms by private equity players, SAOn Monday, e4 said it has been acquired by a consortium of investors led by African private equity fund manager Infinite Partners. The acquisition will provide the company with capital to expand its reach and continue its mission of “transforming businesses through cutting-edge digital solutions.
e4 is a technology company that provides custom solutions and services, including software development and business automation. With a focus on software as a service , e4 uses its technology expertise to help change and improve customer processes. The group employs more than 200 dedicated professionals and in 2021 launched a new unit in the UK with a focus on building its relationships with mortgage lenders, conveyancing firms and other partners.
Infinite Partners was established in 2022 after a spin out from Ethos Private Equity, and is known for its focus on “ethical sustainable investing” and growth investments in companies benefiting from digitisation and technology adoption. “e4’s strongest growth potential lies in continuing to do what it does very well and thus growing the penetration of its current products and following its well established ‘blueprint adoption’ in its customers.
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