BRIEF

on Scalio

KOAT Capital Acquires Scalio to Boost Digital Innovation

KOAT Capital, a prominent holding company, has successfully acquired Scalio, a Silicon Valley-based leader in digital products and services. This acquisition is set to position Scalio strongly in the market, enabling it to guide both iconic brands and growing startups toward future advancements.

Daren Trousdell, Managing Partner at KOAT Capital, highlighted the acquisition's focus on enhancing software experiences that are scalable and transformative. According to Trousdell, Scalio’s expertise in creating innovative digital solutions presents significant growth potential. Scalio, founded in 2011, is recognized for its contributions to various sectors with a portfolio that spans over 850 projects across 30 industries, including high-profile clients like Google and Uber.

CEO and founder of Scalio, Bradley Greenwood, sees the merger with KOAT Capital as an opportunity to amplify Scalio’s influence and accelerate its growth. He emphasized the synergy of design, strategy, and technology as critical to crafting exceptional digital products. Greenwood also announced the launch of Particle, a new platform designed for fractional investing, reflecting Scalio's continual innovation.

Legal counsel for the acquisition was provided by Dentons Canada LLP and Nick Sethi of Sethi P.C. With this strategic move, both KOAT Capital and Scalio are poised to drive significant value in the digital landscape, capitalizing on their combined capabilities.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Scalio news