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1K1V And Crossfin Complete Sybrin Acquisition

PRIVATEApr 11, 2022

Acquiring Company

1K1V

Acquired Company

Sybrin

South AfricaProfessional ServicesFinancial ServicesSoftwareFinancial Services

Description

One Thousand & One Voices (1K1V), in partnership with diversified FinTech investment holding company Crossfin Technology Holdings (Crossfin) and investor Isaac Mophatlane, announce the completion of the Sybrin Group of Companies (Sybrin) transaction. All conditions precedent and approvals for the transaction were fulfilled on 31 March 2022.

Quick answer

1K1V and Crossfin are acquiring Sybrin, announced April 11, 2022.

How much did 1K1V pay for Sybrin?
The deal value was not disclosed.
What does 1K1V do?
We are more than just private equity.

Source: Fundz verified event record.

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Company Information

Company

1K1V

About

We are more than just private equity. We leverage the Intellectual Capital, Relational Capital and Patient Financial Capital of global industry-leading families.

Company

Crossfin

Location

South Africa

About

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 fulfilment either directly or through partnerships. For more information, please visit www.crossfin.co.za.

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Frequently asked

Who acquired Sybrin?

Sybrin was acquired by 1K1V. The deal was reported on April 11, 2022. We are more than just private equity. We leverage the Intellectual Capital, Relational Capital and Patient Financial Capital of global industry-leading families. 1K1V is privately held.

When did 1K1V acquire Sybrin?

1K1V's acquisition of Sybrin was reported on April 11, 2022. One Thousand & One Voices (1K1V), in partnership with diversified FinTech investment holding company Crossfin Technology Holdings (Crossfin) and investor Isaac Mophatlane, announce the completion of the Sybrin Group of Companies (Sybrin) transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sybrin do?

Sybrin is a global technology company providing payment and information processing solutions for clearinghouses, commercial banks and corporates. For more information, please visit https://corporate.sybrin.com. It is privately held, operating in Financial Services.

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