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CAPEX.com to merge with NAGA GROUP AG to create a global fintech powerhouse

Apr 22, 2024•over 1 year ago

Acquiring Company

CAPEX Group

Acquired Company

NAGA GROUP AG

BrevardGermanyLendingFintechFinanceFinancial Services

Description

NAGA GROUP AG announced that its extraordinary general meeting on April 12 approved the merger with CAPEX.com with 99.81% of the votes. This strategic merger will enable CAPEX.com to benefit from NAGA's technological ecosystem and offer a wide range of financial services, aiming to expand its user base and global presence.

Company Information

Company

CAPEX Group

Location

100 ELKS CLUB ROAD

Brevard, North Carolina, United States

About

CAPEX Group was a financial services company that provided trading and investment opportunities. The company focused on offering a variety of asset classes to its clients. CAPEX Group aimed to deliver superior trading conditions and user experience. The firm was involved in a strategic merger with The NAGA Group AG.

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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