i2S SA (ENXTPA:ALI2S) signed letter of intent to acquire Twiga on November 15, 2022. The deal will be financed partly by equity from the proceeds of the sale of our distribution center and partly by a debt raised from i2S's financial partners. Sophie, Fabrice Delouis of Delcade SAS - Avocats et Solicitors acted as legal advisor to i2S SA.

The seller was advised by Corinne Veno (partner, Corporate - M&A) of Aristide Avocats, and by Jérôme Revillier and Christophe Gouriou (partners) of investment bank Smart Entrepreneurs Partners.