Announced
Completed
Synopsis
Kvika, a financial services provider, completed the acquisition of a 80% stake in Ortus Secured Finance, a diversified finance and lending services provider. Financial terms were not disclosed. “Having worked closely with Kvika and the team at KSL for a number of years, we’re delighted to conclude a transaction that cements our close relationship. Kvika has been a reliable partner and provided consistent support for the business during its strong growth in recent years. The acquisition is testament to the hard work and success of Ortus’ outstanding team of professionals and we’re looking forward to continuing on our growth journey as part of the Kvika Group," Richard Beenstock, Ortus CEO.
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