Successful acquisition of a South African FSP through SALVUS
SALVUS is pleased to announce the successful completion of the acquisition of an authorised Financial Services Provider (FSP) regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
The FSP attracted strong interest due to its established regulatory status in South Africa, its suitability for a range of financial services activities, and its ability to provide a credible and well-organised regulatory platform within a key African financial market.
SALVUS played a key role in the transaction by sourcing the FSCA-regulated FSP for the buyer to acquire, supporting the seller in compiling the necessary regulatory documentation, and managing communications between the parties. SALVUS guided the transaction from negotiation through to execution, culminating in the successful completion of the share transfer at CIPC level.
This successful EfS™ sale further demonstrates SALVUS’ track record in facilitating cross-border M&A transactions involving regulated financial services entities across multiple jurisdictions.
If you are considering acquiring or selling a licensed regulated entity, contact the SALVUS Mergers & Acquisitions team at info@salvusfunds.com for professional guidance and available opportunities.
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