Acquiring Company
Safaricom
Acquired Company
M-Pesa Holding Company Limited
NairobiNairobiMobile PaymentsFintechFinanceFinancial ServicesDescription
Safaricom has completed the acquisition of M-Pesa Holding Company Limited from Vodafone Group PLC for a token amount of $1. This acquisition, finalized in October 2023, grants Safaricom increased control over the mobile money service. The process was initiated in April 2023, marking a significant step in Safaricom's business strategy.
M&A Insights
Based on deal dataIntegration 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