Nawy Expands Portfolio with Acquisition of ROA
Deal News | Jan 06, 2025 | Aim Group
Egypt-based real estate marketplace Nawy has acquired property management solutions company ROA. This strategic move marks the launch of Nawy Unlocked, a new service aimed at enhancing Nawy's position in the real estate sector. ROA, which was launched in 2023, utilizes technology to serve a niche market. The acquisition is expected to broaden Nawy’s service offerings and strengthen its footprint in the industry.
Sectors
- Real Estate
- Property Management Solutions
- Technology
Geography
- Egypt – Both Nawy and ROA are based in Egypt, indicating that the primary geographic focus for the business activity is within Egypt.
Industry
- Real Estate – Nawy operates in the real estate sector, providing a marketplace for property solutions.
- Property Management Solutions – ROA provides technology-driven solutions for property management, contributing to the sector by targeting a niche market.
- Technology – Both Nawy and ROA leverage technology to deliver solutions and services, with ROA focusing on tech for property management.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nawy | Buyer | Company | An Egyptian real estate marketplace involved in the acquisition of ROA. |
| ROA | Target Company | Company | A property management solutions provider utilizing technology, recently acquired by Nawy. |