Bewater has completed its twenty-third investment by acquiring a stake in Reskyt, a B2B SaaS company specializing in mobile app development for businesses at a significant cost reduction.

Target Information

The target of this investment is Reskyt, a B2B SaaS company specializing in providing businesses with applications for Android and iOS derived from their existing websites. This service significantly reduces the time and cost associated with app development, allowing businesses to launch their mobile applications in a matter of hours at an impressive discount of 60-80% compared to managing app development in-house.

Reskyt operates within a robust sector that focuses on transforming websites into mobile applications, addressing a market valued at approximately $229 billion USD. Industry forecasts suggest continued growth at an annual rate of 14% in the coming years, according to Grand View Research.

Industry Overview

The mobile application industry is experiencing significant expansion, particularly in the B2B segment, where businesses are increasingly reliant on mobile solutions for customer

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Bewater Reskyt FCRE

invested in

Reskyt

in 2024

in a Buyout deal

Disclosed details

Transaction Size: $323M

Revenue: $229,000M

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