Corsair-backed Axo to acquire Zmarta from Bauer Media Group.

Corsair-backed Axo, a digital personal finance distribution platform, agreed to acquire Zmarta, a financial services company, from Bauer Media Group, a media business. Financial terms were not disclosed. “The integration of Zmarta into the Axo Group represents a major milestone. The transaction positions the Axo Group as a leading personal finance platform and comparison provider in the Nordic region, amplifies our ability to scale through technology, and diversifies our product offerings to serve our customers even better. In particular, the established Zmarta brand and customer base strengthens our presence in Sweden and accelerates growth in Finland, aligning with our strategic ambitions,” Jostein Christian Dalland, Axo CEO.