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New Deal


Announced

Completed

ConsenSys completed the acquisition of Heritage Financial Systems.

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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Acquisition

independent broker-dealer

Private

Friendly

Single Bidder

United States

Venture Capital

Investment Banking

Majority

Completed

Synopsis

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ConsenSys, the ethereum-focused VC and technology company, completed the acquisition of Heritage Financial Systems, a broker-dealer. Financial terms were not disclosed. The acquisition gives ConsenSys advisory and broker-dealer capabilities in the U.S., allowing it to offer newly tokenized municipal bonds through its ethereum-based operating system, Codefi.

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