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NucleusIS Africa Limited completes acquisition of Rigo Microfinance Bank Limited to strengthen healthcare financing services

Dec 18, 2024about 1 year ago

Acquiring Company

NucleusIS Africa Limited

Acquired Company

Rigo Microfinance Bank Limited

Description

NucleusIS Africa Limited has completed the acquisition of Rigo Microfinance Bank Limited. This strategic takeover is expected to enhance NucleusIS Africa's ability to deliver advanced healthcare financing services across the continent, enabling the company to address critical healthcare challenges more effectively.

Company Information

Company

NucleusIS Africa Limited

About

The Nucleus Supply Chains Group is South Africa's leading 4PL Supply Chain as a Service provider. Nucleus designs, implements and manages logistics platforms for large customers. With over 25 years of experience running complex supply chains.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed