Acquiring Company
Prytek Group
Acquired Company
Scanovate
IsraelInformation TechnologySoftwareDescription
Prytek Group has successfully acquired Scanovate for approximately $50 million. This acquisition will allow Scanovate to lead the Client Lifecycle Management segment within Prytek and continue developing innovative products. The merger is expected to enhance Prytek's capabilities in digital identity solutions. Scanovate will integrate its operations with Prytek's ecosystem, benefiting from shared resources and market expansion.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Scanovate?
Scanovate was acquired by Prytek Group. The deal was reported on September 9, 2026. Prytek is a group of companies specializing in infrastructure and financial services. Founded approximately a decade ago, it manages an ecosystem of technology and service companies. Prytek Group is privately held.
When did Prytek Group acquire Scanovate?
Prytek Group's acquisition of Scanovate was reported on September 9, 2026. Prytek Group has successfully acquired Scanovate for approximately $50 million. This acquisition will allow Scanovate to lead the Client Lifecycle Management segment within Prytek and continue developing innovative products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Scanovate do?
Scanovate specializes in advanced digital identification and compliance technology solutions. Founded in 2014, it develops tools for enterprises to manage identities and maintain data integrity according to regulatory requirements. It is privately held, operating in Information Technology, and is based in Israel.
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