M&A Deal Summary

One Thousand & One Voices and Crossfin Acquire Sybrin

On June 9, 2021, private equity firm One Thousand & One Voices and Crossfin acquired information technology company Sybrin for 410M ZAR

Acquisition Highlights
  • This is One Thousand & One Voices’ 1st and Crossfin’s 1st transaction in the Information Technology sector.
  • This is One Thousand & One Voices’ 0th and Crossfin’s 0th largest (disclosed) transaction.
  • This is One Thousand & One Voices’ 3rd and Crossfin’s 1st transaction in South Africa.

M&A Deal Summary
Date 2021-06-09
Target Sybrin
Sector Information Technology
Buyer(s) One Thousand & One Voices
Crossfin
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 410M ZAR

Target

Sybrin

Johannesburg, South Africa
website
Sybrin is a global technology company providing payment and information processing solutions for clearinghouses, commercial banks, and corporates. Sybrin is based in Johannesburg, South Africa.

Search 184,358 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

One Thousand & One Voices

Investor Investor Investor

website

Category Private Equity Firm
Founded 2013
Size Small
Type Sector Agnostic
DESCRIPTION

One Thousand & One Voices is a private equity firm focused on acquiring and investing in companies throughout sub-Saharan Africa. The Firm looks for businesses that can help drive economic development and create well paying local jobs. Areas of interest of include agriculture, healthcare, and education. One Thousand & One Voices was formed in 2013 and is headquartered in Stellenbosch, South Africa.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (South Africa) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-10 Higher Ed Partners

Johannesburg, South Africa

Higher Ed Partners LLC is an integrated provider of online program management services to the leading tertiary educational institutions in South Africa. The Company assists universities in converting their on-campus degree programs into an online format, recruits qualified students for those programs, and supports enrolled students through graduation. HEPSA is guided by the principle that the opportunities presented through technology-aided learning make higher education more accessible and affordable. HEPSA is headquartered in Johannesburg, South Africa.

Buy -
Buyer

Crossfin

Cape Town, South Africa

website

Category Company
Sector Business Services
DESCRIPTION

Crossfin invests in high-growth and established cash generative businesses, offering investors a blended exposure to technology investments in FinTech. Crossfin aims to influence technology across the value chain from point of processing to point of fulfillment either directly or through partnerships.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (South Africa) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

Legal