Obiz: memorandum of understanding for an acquisition – 03/21/2023 at 14:15


(CercleFinance.com) – In order to strengthen its positions in a fast-growing loyalty market, Obiz announces the signing of a memorandum of understanding for the acquisition (subject to conditions precedent) of an e-ticketing platform leader in its sector.

Through a web platform, but also via iOS and Android applications, the company offers more than 100,000 leisure offers at reduced prices from major brands, but also local offers thanks to geolocation.

On a proforma basis, following this acquisition, Obiz could aim to generate around 70 million euros in turnover, accompanied by a gross margin of around 10 million and an EBITDA of three million in 2023.



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