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New Deal


Announced

Ion Group to acquire MarketFactory.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

digital currency

Software

Majority

Single Bidder

currency software

Pending

United States

cryptocurrency

Acquisition

Private

Synopsis

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Ion Group, a provider of financial software, and data business is set to acquire MarketFactory, a provider of software solutions for digital currencies. Financial terms were not disclosed. "Ion was the right partner to invest in the company’s growth. There have been many potential buyers over the years, but none appreciated the importance of managing a critical piece of the daily supply chain," Darren Jer, MarketFactory CEO.

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