Strategic Dual Acquisition by Tech Universal Ventures to Strengthen Digital Infrastructure in the Gulf

UAE-based Tech Universal Ventures has announced the acquisition of FixSquad (UAE) and ELVA11 (Sweden) as part of its expansion strategy to strengthen its footprint across the Gulf region and global markets.

The strategic acquisitions aim to build a comprehensive network of smart service providers delivering scalable digital infrastructure to consumer, business, and education sectors.

FixSquad, a hybrid mobile and electronics repair company, caters to both individuals and enterprises, and is rolling out a regional franchising model to standardize services and grow its B2B client base.

ELVA11 brings deep expertise in software engineering and AI, as well as scalable digital education platforms, backed by its advanced technical capabilities and engineering culture.

Darko Atijas, COO of Tech Universal Ventures, stated:
“These acquisitions align with our strategy to build and empower businesses providing the core infrastructure for digital growth.”