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Zelig advises Webio on its sale to Aryza

Zelig is delighted to announce that it has acted as sole financial advisor to Webio on its sale to Arzya. Webio, headquartered in Dublin, is a leading provider of cloud-native conversational AI customer engagement solutions for the financial services industry. 0 Webio's tools enable organisations to enhance efficiency, improve customer experiences, and drive meaningful outcomes, particularly in the area of debt collections. Webio is backed by leading venture capital investors including Finch Capital and Enterprise Ireland. Aryza, headquartered in Dublin, is a global provider of SaaS solutions for credit and debt lifecycle management. The company's automated solutions streamline complex processes at every stage of the credit life cycle, from lending to debt, insolvency, and arrears management. Aryza is backed by Pollen Street Capital and Macquarie Capital Principal Finance. The acquisition will enable Aryza to offer Webio's conversational AI capabilities to its extensive customer base, particularly in the collections and recovery sector, enhancing the effectiveness of their customer engagement processes. Aryza will also embed Webio's technology into its broader product suite further enhancing this compelling cross-selling opportunity. 'Joining the Aryza Group marks an exciting new chapter for Webio, and we look forward to contributing to its ambitious vision. By combining our AI capabilities with Aryza's established product portfolio and market reach, we're in a strong position to enhance customer engagement and drive real innovation in financial services. Zelig's advice throughout this process was instrumental to its successful outcome, particularly in structuring a deal that aligned the objectives of the multiple stakeholders involved.' Cormac O'Neill Founder and CEO of Webio 'The addition of Webio to the Aryza family is a pivotal step in our journey to becoming a leader in AI-powered financial solutions. Their expertise in conversational AI, combined with their innovative, cloud-native platform, perfectly aligns with our vision for the future. Together, we'll be able to deliver exceptional value to our customers while continuing on our strategy to deliver SaaS-solutions across the full credit and debt cycle.' Colin Brown CEO of Aryza