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New Deal


Announced

Completed

Square completed the acquisition of Dessa.

Financials

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

Tags

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Acquisition

Majority

Completed

Single Bidder

Canada

machine learning

Private

Software

Friendly

Synopsis

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Square, a financial services, merchant services aggregator, and mobile payment company, completed the acquisition of Dessa, a Toronto-based company building machine learning applications. Financial terms were not disclosed. "The acquisition of Dessa will help us further boost our machine learning abilities, improve our products, and ultimately pass on the benefits to our customers around the world," Square.

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