“This move aligns with our core strategic focus,” said Geoffrey Debono, CEO of Debono Group, as the company announces a strategic exit from iMovo Limited.
Debono Group has officially divested its shareholding in iMovo Limited, selling its stake to Deloitte Malta in what it describes as a “successful strategic exit.” The transaction represents a key milestone for both organisations and underscores Debono Group’s evolving investment strategy.
Founded in 2010, iMovo is a Malta-based technology consulting firm specialising in digital transformation and customer experience solutions. Debono Group had been involved in iMovo from its inception, providing early-stage capital and strategic direction. Over the years, the group helped shape iMovo’s market positioning, expand its business network, and drive sustained growth.
Mr Debono noted that the exit was timed while iMovo is performing strongly, allowing the group to capitalise on the company’s positive momentum and maximise value for all stakeholders.
Michael Debono, Head of the Group’s investment arm, added that iMovo’s success illustrates the impact of established players in bridging funding gaps for innovative ventures. “This accomplishment solidifies Debono Group’s role within the venture capital ecosystem and reinforces our track record of successfully nurturing and growing valuable brands,” he stated.
As Debono Group exits iMovo, it plans to refocus its efforts on enhancing the performance of its existing companies while remaining open to new investment opportunities.
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Geoffrey Debono / Debono Group
He has held various senior leadership positions within the technology and gaming sectors.
Ivan Refalo also adds that another challenge faced by local employers is the increase of mental-health issues among their employees.
The company has announced the appointment of two new international partners.
'There are some tasks you will never get to as the list builds and builds.'