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Wpf Holdings Announces Acquisition Of Vezbi Super App

Jan 30, 2023•over 2 years ago

Acquiring Company

WPF Holdings

Acquired Company

Vezbi Super App

MelbourneDigital MarketingE Commerce

Description

via NewMediaWire – WPF Holdings, Inc. (OTC PINK: WPFHD), announces today that it has signed a definitive agreement to acquire 100% of the outstanding shares of Vezbi, Inc (“Vezbi”) for 265,000,000 common shares of WPF Holdings. At closing, the shareholders of Vezbi will be issued 10 common shares of WPF Holdings in exchange for 1 common share of Vezbi. The share exchange is based on Vezbi’s last funding round.

Company Information

Company

WPF Holdings

Location

Melbourne, Florida, United States

About

WPF Holdings, Inc. is a dynamic e-commerce and digital consultancy company that helps businesses navigate the ever-evolving digital landscape. With a team of experts in various fields such as web design, digital marketing, and e-commerce strategy, we provide a holistic approach to help businesses increase their online presence and revenue. Our goal is to empower businesses to take full advantage of the opportunities that the digital world has to offer. Whether you're just starting out or looking to take your business to the next level, we're here to help. Let's work together to achieve your goals and drive success for your business.

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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