Georgia Capital Portfolio Overview slide image

Georgia Capital Portfolio Overview

Pipeline Acquisition of the leading Georgian digital marketing agency GEORGIA CAPITAL Acquisition of Redberry enables us to have a platform for investments in the digital business About Redberry ➤ One of the most successful Georgian digital marketing agency Providing tech-based marketing solutions to large Georgian corporates and government agencies ➤ 50%+ revenue growth in 2018, with 25% net profit margin ➤US$ 0.4 million cash consideration to acquire 60% equity stake US$ 2.8 million new capital injected for 1 2 digital start-up development Joint ventures with corporates - partnership model with minority stake of c. 20%. Creating digital start-ups focused and applicable to Georgia (c. US$ 0.1mln per start-up) Redberry has developed app "Lunchoba", engaged in delivering ready-food made to the offices. Page 48
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