M&A advisory services in Egypt

Egypt's M&A market for tech and internet businesses is the most active in North Africa, with Cairo acquirers, Gulf PE houses and global strategic buyers targeting the country's large consumer base and growing digital economy.

Exit activity spans listed-company transactions (Fawry on EGX), cross-border trade sales and venture-backed acquisitions across Egypt's fintech, e-commerce and logistics sectors - with El Dokan, Cassbana and Yodawy representing the breadth of deal types.

Flow advises both bootstrapped and venture-backed Egyptian founders on sell-side M&A, leveraging a strong PE and strategic acquirer network across the MENA region, KPI-driven preparation, and a lean end-to-end process from mandate to close.

Egypt tech M&A deals in the last 12 months

$700K

Egypt median tech M&A valuation

Egypt median tech M&A revenue multiple

$700K

Egypt biggest tech acquisition in the last 12 months

Selling your tech company in Egypt

Egyptian M&A involves significant cross-border, regulatory and FX-structuring complexity. Most material Egyptian tech exits involve offshore holding entities; ECA merger control and FRA-related approvals create the regulatory framework.

Completion accounts dominate

Egyptian private M&A is predominantly completion-accounts based. Locked-box has limited adoption. FX volatility adds complexity to cash adjustments.

W&I insurance is growing

Warranty & indemnity insurance is becoming more common in Egyptian deals above roughly USD 25M, particularly in cross-border transactions. Premiums (2-3% of cover) typically split between buyer and seller.

ECA merger control

Egyptian Competition Authority (ECA) reviews transactions above the relevant thresholds (mandatory post-completion notification, moving towards pre-merger filing). Most pure-tech tuck-in deals don't trigger.

Capital gains for founders

Egyptian individuals are taxed on share disposal gains at flat rates (10% for listed shares, progressive for unlisted). Offshore holding structures (UAE, Delaware) materially shape the post-tax exit outcome.

FX and repatriation considerations

Repatriation of proceeds from Egypt is subject to CBE FX regulations. Offshore exit structures (UAE or Delaware sale via parent) typically avoid Egyptian FX restrictions but can trigger Egyptian source taxation.

Cross-border tax considerations

Most material Egyptian tech exits involve offshore (UAE/Delaware) holding entities. Egyptian indirect transfer rules can apply to sales of foreign entities deriving substantial value from Egyptian assets. Requires careful pre-sale planning.

Recently acquired tech companies in Egypt

Biggest M&A recently in Egypt was a $700K acquisition of Startup Gate by GrowthLabs in May 2026.

See all M&A deals in Egypt

	Logo		Description	Buyer
May-26		Startup Gate	Startup Gate is a digital platform that maps and connects participants in Egypt’s entrepreneurial ecosystem.	GrowthLabs	$700K	-
May-26		Baraka Group	Baraka Group is a holding company active in optics, fashion, and e-commerce through several subsidiaries that operate across different economic sectors.	MAGRABi Retail Group	-	-
Apr-26		Amzolute	Amzolute is a B2B service provider helping Amazon marketplace sellers with growth and advertising optimization.	InvenTel Products	-	-
Apr-26		Rubikal	Rubikal is a custom software development company based in Egypt. The firm builds real-time, scalable, fault-tolerant solutions and assembles teams for startups, SMEs, and corporates.	iSchool	-	-
Apr-26		ViralWave	ViralWave produces and distributes music while assisting artists with YouTube management, marketing plans, licensing, and promotion.	PopArabia	-	-
Mar-26		MITCHA	MITCHA runs an e-commerce platform for fashion and retail in Egypt. The site hosts over 200 local designers and offers a 14-day return policy without exchanges.	Converted	-	-
Feb-26		Magnum Egypt	Magnum Egypt delivers personalized online coding classes for children. The edtech platform builds technology literacy through interactive learning experiences.	AntX	-	-
Nov-25		InfiniLink	InfiniLink is a Santa Clara-based semiconductor company developing high-speed SerDes IP cores and silicon photonics-based optical transceivers for data center and AI networking. Its products support 200G to 1.6T Ethernet and PCIe Gen6 standards, targeting hyperscale cloud providers and enterprise switch makers. Founded in 2023, InfiniLink focuses on low-power DSPs integrated with VCSEL drivers and TIA receivers to enable next-generation 800G/1.6T transceivers.	GlobalFoundries	-	-
Sep-25	E	EXMGO	-	Duaya	-	-

Who is buying tech companies in Egypt?

Fawry, AntX and GlobalFoundries are the most active acquirers in Egypt.

See all acquirers in Egypt

Logo		Description	Key acquisitions
	Fawry	Fawry For Banking Technology And Electronic Payment is engaged in providing operations services specialized in systems and communications, management, operating and maintenance of equipment's and computers networks services and internal systems of banks, networks, and centralized systems, establish operating systems for banking services through the internet, phone and e-payment services and circulation of secured documents electronically, and renting properties.	CodeZoneVirtual CFODirac Systems	2
A	AntX	AntX delivers research and development services in embedded systems, IoT, and industrial automation, alongside robotics education in Egypt.	Magnum Egypt	1
	GlobalFoundries	GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates, which remains its controlling shareholder today. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and has about 13,000 staff.	InfiniLinkSynopsys (processor IP solutions unit)Advanced Micro Foundry+1	1
	InvenTel Products	InvenTel Products is a direct-response television company that establishes retail distribution channels for consumer products.	Amzolute	1
	Duaya	Duaya is a Dubai-based e-commerce platform supplying pharmaceuticals, medical devices, and equipment to pharmacies, clinics, and hospitals in the Middle East. The company offers inventory financing with stock guarantees and logistics for over 10,000 SKUs from global brands. Duaya streamlines procurement via its app with real-time pricing and delivery tracking across UAE, Saudi Arabia, and Egypt.	EXMGO	1
	PopArabia	PopArabia works with rights holders, managers, composers, and media creators to license music across media formats in the Middle East. The platform connects international music stakeholders to Arabic market opportunities while enabling local access to global content.	ViralWave	1
	Converted	Converted operates an AI adtech platform for automated advertising, lead generation, and order intelligence in MENA and Latin America.	MITCHA	1
	GrowthLabs	GrowthLabs is a service provider that manages, monitors, and improves operational logistics for incubators and accelerators.	Startup Gate	1
	iSchool	iSchool is an online platform delivering live interactive STEAM workshops for students aged 6 to 18, focusing on programming, robotics, electronics, graphic design, and artificial intelligence. The platform hosts touring courses that simulate hands-on labs through virtual environments accessible worldwide. Headquartered in India, iSchool partners with schools in over 10 countries to reach more than 50,000 students annually. Founded in 2018, it offers certifications aligned with international standards like ISTE and Code.org. Recent expansions include mobile app integrations for offline access and AR modules for robotics simulations.	Rubikal	1
	MAGRABi Retail Group	MAGRABi Retail Group is a retailer focused on luxury fashion eyewear and medical eye care products and services.	Baraka Group	1

Public tech companies in Egypt

eFinance is Egypt's largest publicly listed tech company, with a market cap of $1.4B.

See all public companies in Egypt

	Description	Sectors
eFinance	E-Finance For Digital And Financial Investments SAE is developing integrated platforms in Egypt's digital revolution. It is a fintech platform and developer of digital payments infrastructures. The company invests in platforms and solutions that serve everyone from government agencies to ordinary consumers. The business has seven operating segments; Services and operation of cards, Integrated solutions, installation, and technical support services, card center services, hosting services, maintenance and network contracts, and others. It derives a majority of its revenue from the Services and operation of the cards segment.	Payment InfrastructurePayments POS+3	$0.412	+67.7%	$1.4B	$1.4B	-
Fawry	Fawry For Banking Technology And Electronic Payment is engaged in providing operations services specialized in systems and communications, management, operating and maintenance of equipment's and computers networks services and internal systems of banks, networks, and centralized systems, establish operating systems for banking services through the internet, phone and e-payment services and circulation of secured documents electronically, and renting properties.	Payment Service ProvidersPayment Infrastructure+1	$0.366	+67.5%	$1.2B	$1.1B	5.7x
Suez Canal Company for Technology Settling	Suez Canal Co for Technology Settling is engaged in investment, management & operations for technology development, scientific labs & research & training centers. It also offers software development & design services, & data entry, among others.	IT Consulting	$12.03	-	$1.1B	$1.0B	-
Swvl	Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. It provides mobility solutions for enterprises and government and individual commuters across-multiple markets with clients such as Amazon, Bosch, E&, P&G and Siemens. The Company operates in Egypt, Saudi Arabia and the UAE.	Public Sector & Non-Profit SoftwareConsumer Marketplaces+2	$1.58	-67.5%	$16M	$13M	-

Why Flow Partners as your M&A advisor

We operate across four fundamental principles that over the years enabled us to successfully advise many Egyptian companies.

Access to relevant buyers

We have extensive network and direct access to world's most prominent financial and strategic buyers, cultivated through years of successful M&A track record across bulge bracket investment banking.

No corporate red tape

We run lean deal processes, without BS, unnecessary time-wasting efforts and corporate inefficiencies. Our approach values candor, transparency and high-impact work to make sure great deals get done.

Thorough preparation

KPI-driven storytelling is more art than science. We have unmatched understanding of digital businesses and are experts in building sharp equity stories that present your business in a clear, concise manner.

Optimize value, not valuation

Valuation is only one side of the medal. We help creating attractive and efficient transaction structures that bridge incentive gaps between sellers, buyers and management teams.

We provide M&A advisory services across Egypt and beyond

Sector expertise

Explore our M&A advisory offering across a variety of tech sectors in Egypt.

Software

Vertical and horizontal SaaS, AI-native software products, infrastructure SaaS, cybersecurity

AI & ML

Foundation models, AI applications, AI infrastructure, semiconductors, AI consulting

Fintech

Neobanking, online payments, fintech infrastructure, lending platforms, wealth tech, online brokerage, vertical FS software

Consumer internet

Consumer software subscription platforms, edutech, online content, social networks, online dating

Digital media

Streaming platforms, mobile and console gaming, content distribution, digital publishing, VR & AR

E-commerce & marketplaces

Consumer and B2B marketplaces, inventory-based e-commerce, classifieds, lead generation platforms

Consumer products

Direct-to-consumer (D2C) brands, consumer electronics, smart home devices, lifestyle products

Mobility

Ridesharing, micromobility, food delivery, logistics tech, autonomous tech, EV charging infrastructure

Digital health

Digital therapeutics, telemedicine, mental health solutions, EHR and practice management, vertical healthcare SaaS

Industrial technology

Industry 4.0 solutions, 3D printing, climate tech, industrial IoT, robotics, smart manufacturing

Digital infrastructure

Data centers, cloud infrastructure, edge computing, network security, vertical infrastructure SaaS

IT services

Software development and testing, digital transformation, cloud services, advertising agencies, IT support services

Selected case studies

We've closed sell-side and buy-side transactions across European, US and emerging-market tech.

Our M&A track record spans strategic exits to corporate acquirers, PE buyouts, and cross-border deals where regulatory and structuring complexity actually matters.

See all case studies

We acted as exclusive sell-side advisor to MAILINGWORK, a Chemnitz-based email marketing software platform, on its sale to French digital marketing leader Positive Group.

Recently completed M&A advisory projects

Selected M&A transactions and prior deal experience.

M&A

Polish publicly listed diversified industrial firm

M&A

German email marketing software platform

M&A

German software testing provider

M&A

Leading provider of testing, inspection, and certification services

M&A

Spanish neobanking platform for Gen Z and Millennials

M&A

Online price comparison and booking platform for rental cars

M&A

Digital testing, cybersecurity, content and digital forensics provider

M&A

Online casual dating platform for curious individuals

M&A

European DAM software provider

M&A

$3bn acquisition by Blackstone. Family of online dating brands (Badoo, Bumble, Chappy, Lumen).

M&A

€135m acquisition by Takeaway. Leading B2B online food delivery platform in Israel.

M&A

€80m acquisition by Zur Rose. Online e-commerce platform for pharmacy, beauty and wellness.

M&A

$200m acquisition by EMK. World's largest data collection and transformation platform.

M&A

Acquisition by ProSiebenSat.1 / General Atlantic. Online marketplace for household products and services.

M&A

€300m acquisition by Oakley Capital. Leading European online matchmaking platform.

M&A

Acquisition by Axel Springer. Leading Israeli online classifieds platform (jobs vertical).

M&A

$800m acquisition by Adobe. Marketplace for royalty-free images, graphics and HD videos.

M&A

€80m acquisition by Lifull. Spanish vertical search engine for real estate, cars and jobs.

M&A

Acquisition by Oakley Capital. Italy's largest online car insurance, gas and electricity brokerage.

Strategic Advisory

Strategic advisory. Cashless mobile taxi app connecting passengers to nearby taxis.

M&A

Acquisition by IAC. Digital social media platform for Q&A.

M&A

$228m acquisition by Axel Springer. Israel's leading classifieds and advertising portal.

M&A

Acquisition by Quant. Turkish membership-based daily deals site.

M&A

€320m acquisition by Bonnier. Pay television company across the Nordic region.

Minority Acquisition

€290m minority acquisition by News Corp. German direct broadcast satellite Pay TV (DACH).

M&A

€3.2bn acquisition by ProSiebenSat.1. European media group (TV, radio, print).

M&A

€3.1bn acquisition by KKR and Permira. German mass media and digital company.

Got questions?

Schedule a call ordrop us an email to learn more about our CFO-as-a-service, capital raising and M&A advisory offering.

Unlike traditional M&A advisors, we truly understand tech businesses and the unique challenges they face. Our investment banking background combined with deep sector expertise allows us to build compelling equity stories and navigate complex transactions.

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Fractional CFO in Egypt

We integrate into your workflows to help with financial modelling, build out FP&A tech stack, and ultimately provide guidance towards an M&A or raising venture capital.

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VC fundraising in Egypt

We help you prepare materials, reach out to investors in our extensive network, negotiate fair term sheets and structure the VC round.

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M&A advisory services in Egypt