Capprec appetite for acquisitions undiminished as it buys local software firm
The fintech group will pay R131.2m for Dariel Solutions, hailed for its ‘disruptive’ solutions
24 April 2023 - 14:34
UPDATED 24 April 2023 - 18:30
Fintech group Capital Appreciation (Capprec) has agreed to buy local software engineering and development company Dariel Solutions for R131.2m as it looks to invest in established companies that deliver innovative and disruptive solutions to mainly institutional clients.
“Digital transformation, as well as an acceleration in demand for electronic payments, cloud services and related solutions continue to support robust industry growth prospects over the medium term,” the company, valued at R2bn on the JSE, said on Monday...
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