Acquiring Company
CAPEX Group
Acquired Company
The NAGA Group AG
BrevardDescription
In December 2023, CAPEX.com completed the acquisition of NAGA, merging the two online trading brands. The CEO of CAPEX.com invested $9 million into NAGA as part of the reverse merger, assuming the role of Group CEO of the new entity. Following the merger, NAGA underwent significant staff reductions, cutting down 40% of its workforce.
Quick answer
CAPEX Group is acquiring The NAGA Group AG, announced March 11, 2025. CAPEX Group is based in Brevard, North Carolina, United States.
- How much did CAPEX Group pay for The NAGA Group AG?
- The deal value was not disclosed.
- What does CAPEX Group do?
- CAPEX Group was a financial services company that provided trading and investment opportunities.
- Where are CAPEX Group and The NAGA Group AG based?
- CAPEX Group is based in Brevard, North Carolina, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired The NAGA Group AG?
The NAGA Group AG was acquired by CAPEX Group, based in Brevard. The deal was reported on March 11, 2025. 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 is privately held.
When did CAPEX Group acquire The NAGA Group AG?
CAPEX Group's acquisition of The NAGA Group AG was reported on March 11, 2025. In December 2023, CAPEX.com completed the acquisition of NAGA, merging the two online trading brands. The CEO of CAPEX.com invested $9 million into NAGA as part of the reverse merger, assuming the role of Group CEO of the new entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The NAGA Group AG do?
The NAGA Group AG is a fintech company that specializes in social trading and investment services. It offers a platform that combines various financial services including trading in stocks, cryptocurrencies, and neo-banking solutions. It is privately held.
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