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.