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New Deal


Announced

Autochek to acquire Cheki Kenya and Uganda from ROAM Africa.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Kenya

Acquisition

Pending

Uganda

E-commerce

Majority

Single Bidder

Private

Friendly

classifieds marketplace

Synopsis

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Autochek, a Nigerian automotive tech company, agreed to acquire Cheki Kenya and Uganda, an online car classified for dealers, importers, and private sellers, from ROAM Africa, an online marketplaces company. Financial terms were not disclosed. "Cheki Kenya has always been sort of the crown jewel. At the time, when we completed the Nigeria and Ghana acquisition, it wasn’t a conscious effort to make this happen, but it’s great that it happened," Etop Ikpe, Autochek CEO.

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