Netroute Corporation is a special purpose acquisition company (SPAC) to be incorporated in the United States for the purpose of acquiring, through mergers and acquisitions, technology-focused businesses operating in Africa and other emerging markets.
Developing economies are almost always more attractive as digital growth markets than advanced markets. Two-thirds of mobile users live in the developing world, with Africa often quoted by the ITU and GSMA as the fastest growing mobile region in the world. Mobile users are both the drivers and beneficiaries of the digital economy and are inherent to our strategy.
Netroute intends to finance strategic acquisitions of disruptive digital startups and operating companies with proceeds from an initial public offering of its securities. For discerning investors seeking attractive capital appreciation and access to a lucrative industry, the company provides superior risk adjusted returns that will prove to be compelling when compared to other asset classes over the medium term.
Venture capital and private equity have long been the exclusive domain of high net worth investors. High minimum investment sizes served as a deterrent to participation by a broader retail market. But now it is possible to access and benefit from an innovative investment strategy focused on the digital economies of emerging markets.
Technology stocks have demonstrated resilience with insulated gains while markets suffered the systemic effects of the drop in China growth and global commodity prices. Investing in alternative assets, like private equity in an emerging market digital economy, can bring significant growth benefits and geographical diversification even to traditional investors and technology funds, offering access to burgeoning new markets beyond the United States and Europe.
Netroute seeks to capitalize on the substantial deal sourcing, investing and operating expertise of its management team and advisory board to identify and combine with businesses in the digital economy including financial technology, e-solutions for public services, media and entertainment, gaming and related businesses with high growth potential in emerging markets and potentially advanced economies.
Netroute Corporation brings a unique investment opportunity to the doorsteps of US investors and does so as an "emerging growth company" under applicable federal securities laws for the protection of its investors.