Portfolio and Acquisitions Summary 2019
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
US$ 2.8 million new capital injected for
digital start-up development
About Redberry
➤ One of the most successful Georgian
digital marketing agency
Providing tech-based marketing
solutions to large Georgian corporates
and government agencies
US$ 0.4 million cash consideration to
acquire 60% equity stake
1
2
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 52View entire presentation