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Baobab Network completes acquisition of Reflector Marketing to strengthen support for African startups

PRIVATEApr 02, 2024

Acquiring Company

Baobab Network

Acquired Company

Reflector

NairobiDurbanFinancial ServicesVenture CapitalAdvertisingMarketing

Description

Baobab Network, an early-stage investor across Africa, has acquired Reflector Marketing, a strategy and branding agency based in South Africa. This acquisition is a strategic move to enhance Baobab's support for African startups and to build powerful capabilities for early-stage investment on the continent.

Quick answer

Baobab Network is acquiring Reflector, announced April 2, 2024. Baobab Network is based in Nairobi, Nairobi County, Kenya.

How much did Baobab Network pay for Reflector?
The deal value was not disclosed.
What does Baobab Network do?
Baobab Network is an early-stage investor that backs startups across Africa.
Where are Baobab Network and Reflector based?
Baobab Network is based in Nairobi, Nairobi County, Kenya. Reflector is based in Durban, Kwa Zulu Natal, South Africa.

Source: Fundz verified event record.

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Company Information

Company

Baobab Network

Location

Nairobi, Nairobi County, Kenya

About

Baobab Network is an early-stage investor that backs startups across Africa. It is committed to becoming the leading early-stage investor across Africa and aims to create value for founders beyond capital investment. The company has a phenomenal team that has made a profound impact on Africa's venture ecosystem.

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Frequently asked

Who acquired Reflector?

Reflector was acquired by Baobab Network, based in Nairobi. The deal was reported on April 2, 2024. Baobab Network is an early-stage investor that backs startups across Africa. It is committed to becoming the leading early-stage investor across Africa and aims to create value for founders beyond capital investment. Baobab Network is privately held and operates in Financial Services.

When did Baobab Network acquire Reflector?

Baobab Network's acquisition of Reflector was reported on April 2, 2024. Baobab Network, an early-stage investor across Africa, has acquired Reflector Marketing, a strategy and branding agency based in South Africa. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Reflector do?

Reflector* is an Agency for South African Startups and SMEs. The up and comers, and the stalwarts. We specialise in Strategy, Branding, Content Production and Online Advertising. We think and act big, but always maintain a local lens. It is privately held, operating in Advertising, and is based in Durban.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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