BuuPass Expands Reach: Acquires QuickBus in Cash and Stock Deal
BuuPass, a leading travel booking platform in Kenya, has acquired its Nigerian and South African competitor, QuickBus, in a cash and stock deal. This strategic acquisition aims to broaden BuuPass's footprint across Africa by tapping into QuickBus's existing integrations with major distribution channels in Nigeria and South Africa, including VodaPay app. QuickBus's team will join BuuPass, enhancing its management and development capabilities.
The merger combines BuuPass's strong presence in Kenya with QuickBus's expertise in Nigeria and South Africa, bolstering BuuPass's active monthly users to 650,000. With over 6 million travel tickets sold since its inception, BuuPass is set to offer additional travel options, including train and flight bookings, across 16 African countries, ensuring greater convenience for travelers.
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