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Pollen Street Capital Acquires Majority Stake In World’S Largest Mobile Top-Up Service Ding

Sep 02, 2021almost 4 years ago

Acquiring Company

Pollen Street Capital

Acquired Company

Mobile Top-up Service Ding

Dublin

Description

Ding, the world’s largest mobile top-up service, is pleased to announce that it has agreed to sell a majority stake to Pollen Street Capital Private Equity (“Pollen Street”). Pollen Street Capital, a London-based, independent, alternative investment management company, will take a majority stake in the company, in partnership with a substantial investment from the existing founder Mark Roden. The transaction is expected to complete in September.

Company Information

Company

Pollen Street Capital

About

Pollen Street Capital is an independent, alternative investment management company. We are experienced financial services specialists with dedicated private equity and credit strategies.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed