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Business Markets

Abu Dhabi's Multiply Group acquires stake in LVL Technology

The investment will see HealthierU integration under LVL Wellbeing's platform



The company continues to expand its portfolio to boost growth.
Image Credit: Shutterstock

Dubai: Abu Dhabi-based investment firm, Multiply Group, has bought a stake in LVL Technology Holding.

MG Wellness Holding, a wellness-focused subsidiary of Multiply Group, has acquired 49.38 per cent equity interest of LVL Technology, the company said in a statement on Friday.

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LVL Technology Holding's LVL Wellbeing is a corporate wellbeing platform that provides individual, team and corporate wellbeing practices that contribute to a healthier work/life balance.

“The investment will support scaling operations, facilitating strategic expansion across the region and will see HealthierU integration under LVL Wellbeing's platform,” Multiply said.

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