Teaminvest Private Group Limited (ASX:TIP) agreed to acquire Enva Australia and Enva Holdings from its founder and staff for AUD 2.5 million on March 6, 2023. Consideration is conditional, payable on a deferred basis and will be paid via an issue of new fully paid ordinary shares. The Proposed Transaction is conditional upon ongoing litigation involving one of the Enva entities being resolved to the satisfaction of the Teaminvest Private Group Ltd.