Egyptian auto-auction platform Sa3ar acquired by Contactcars

Egyptian auto-auction platform Sa3ar acquired by Contactcars

Egyptian startup Sa3ar Technology Solutions, a platform that digitises auto-auctions deals, has been acquired by automotive marketplace Contactcars, a subsidiary of Contact Financial Holding. Founded by Adham Hosny and Hussein Hosny, Sa3ar Technology Solutions provides car valuation technology and a dealer-specific auction platform. The startup has just been acquired by Contactcars, Egypt’s leading automotive marketplace, in…