Prodigit Investments has been acquired by Globe Invest
The shareholder of Prodigit Investments Ltd. has sold the company to Globe Invest Ltd.
Prodigit Investments offers brokerage and portfolio management and safekeeping services. It provides all financial instruments, including FX and CFDs, as well as equity bonds and other derivative products. It is a licensed Cyprus Investment Firm by the Cyprus Securities and Exchange Commission. No business was sold as part of the deal (no clients were retained for the buyer).
Globe Invest is a single-family office and investment arm, established in 2017 to exclusively manage the assets of Teddy Sagi and his family. It has a net asset value of US$5.6 billion. Globe Invest acts as a holding company and invests in various sectors, including software development and applications, technology companies, financial services and real estate.
Oaklins’ team in Cyprus advised the seller on the sale of 100% of the shareholding of the company.
Talk to the deal team
Related deals
Generali has expanded its footprint in Bulgaria by acquiring one of the top health insurers on the market
Doverie United Holding has successfully completed the sale of United Health Insurance Fund Doverie (Doverie) to Generali CEE Holding.
Learn moreCaja 18 has successfully completed a US$42 million corporate bond placement
Caja 18 has completed a placement of US$42 million (1,100,000UF) in corporate bonds on the local capital market. The bonds, with a seven-year term, semi-annual amortizations and a duration of 3.87 years, were secured by social credit guarantees. The proceeds will be used to finance Caja 18’s social credit program and refinance previously contracted liabilities for the same purpose. As part of this refinancing plan, Caja 18 also completed the voluntary early repurchase of its Series A bonds.
Learn moreMicrofinanciera Fundeser has been sold to Grupo Financiero Atlántida
Incofin has successfully exited its investment in Microfinanciera Fundeser in Nicaragua through two of its funds: Rural Impulse Fund II (RIF II) and agRIF. It has sold 100% of its stake in Microfinanciera Fundeser to Grupo Financiero Atlántida through its subsidiary, Inversiones Tres Lagos.
Learn more