Sberbank acquires 78.04% controlling stake in Doma

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AK&M 30 December 2020 19:05

Sberbank has signed binding documents for the acquisition of a controlling stake in Doma LLC, the owner of the Doma.ai platform solution. As a result of the transaction, Sber's stake in the company will be 78.04%, the company's founder Ilya Sotonin will retain a 21.96% stake. The deal is expected to close in February 2021, the bank informed.

The Doma.ai platform launched in 2018 is a tool for effective property management with mobile applications for employees of housing management organizations and residents.

The acquisition of a controlling stake will make it possible to fully integrate the company into the Sber ecosystem.

Sberbank of Russia (tax number: 7707083893) is the largest bank in Russia, Central and Eastern Europe. The Bank is the principal lender to the Russian economy and has the highest share in the market of deposits. The bank's authorized capital is RUB 67.76 billion. It consists of 21,586,948 thousand common shares and 1 billion preferred shares with a face value of 3 rubles each. The Russian Federation represented by the Ministry of Finance owns 52.32% of Sberbank's total voting shares.