25/11/2020 - The acquisition forms part of the ongoing development of the Arendt group business lines that work closely with its legal practice. It arms them with digital and technological solutions capable of responding to the needs of the market – specifically with respect to the digitalisation and robotised automation of operational processes. Among others, Mobilu’s service offering covers digital board management, client onboarding and electronic signature solutions.
“We were already familiar with Mobilu, in that we have worked together for a number of years on several innovative projects for Arendt Services and Arendt & Medernach, particularly the Arendt Insights mobile app. Today, we have added the skill this agile and creative group has to offer to that of our existing teams. We possess complementary know-how,” remarked Jean-Marc Ueberecken, Managing Partner at Arendt & Medernach.
Mobilu, created in 2011, will also be able to draw on the group’s support to accelerate its own growth, especially when it comes to increasing its Luxembourg clientele. As a result of Mobilu's integration into Arendt, our CIO Abdelhay Toudma will now serve alongside Mobilu’s founder and CEO David Iachetta as his Co-CEO.
“Integrating with the Arendt group is a natural, clear and promising way forward for us. Uniting our forces will let us continue to gain ground on a booming market before new solutions become available,” explained David Iachetta, founder and Co-CEO of Mobilu.
“With Mobilu, combining the talents of our Tech and Digital teams in this new arrangement will enable us to innovate further, meaning we will have more opportunities to respond to the demand for agility and value creation. We are also strengthening the Arendt group’s expertise in the indispensable field of digitalisation, while providing it with the technical guidance needed for successful implementation,” concluded Abdelhay Toudma, CIO of Arendt and Co-CEO of Mobilu.