Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company, to expand its presence in North Africa and support its growth.
AutoTager was founded in 2021 by Amr Rezk, a serial entrepreneur with experience operating in and investing in various geographies across Africa and the Middle East.
The acquisition marks Autochek’s entry into Egypt, the second-largest economy and second-largest automotive market in Africa.
This is the third acquisition for Autochek in less than a year and the sixth in under two years, making it the leading Pan-African automotive technology company.
Autochek now operates in 9 countries with over 2,000 dealers and workshop locations, providing insights into vehicle-related transactions and solutions for stakeholders in Africa’s automotive ecosystem.
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