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acquisitionAnnounced · Feb 13, 2026Financial ServicesSource · CredibleArticle · Factual

Baobab · Beltone

Beltone acquires Baobab

David Najork · Founding Software Engineer

Announced Feb 13, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

$235M

Target

Baobab

Via Mondadori 11, Poggio Rusco

Acquirer

Beltone

Full Acquisition

Status

Completed

Beltone agreed to acquire Baobab. Reported deal value: $235M. Status: Completed. Sector: Financial Services. Target headquarters context: Via Mondadori 11, Poggio Rusco, Italy.

This page summarizes publicly available information about the transaction as of 2026-02-13. Figures and status may change as filings and press coverage update.

Beltone acquires Baobab Group for €197.6 million Deal expands footprint into seven sub-Saharan countries Baobab serves 1.6 million customers, €848.8 million portfolio Egyptian holding company Beltone has completed its acquisition of Baobab Group , a leading financial inclusion player in Africa, for €197.6 million

Deal timeline

Announced

Feb 13, 2026 · ecofinagency.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Financial Services with a reported deal value of $235M. Figures and status may change as sources update.

Sources: ecofinagency.com · Primary article · FireStrike proprietary index