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Financial Services

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.

Parties

Talk to the deal team

Constantinos Mourettos

Associate Director
Nicosia, Cyprus
Oaklins Cyprus

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