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New Deal


Announced

Completed

Greensill completed the acquisition of Earnd.

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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FinTech

Friendly

Completed

Majority

Acquisition

Single Bidder

Australia

Private

fintech company

Private Equity

Synopsis

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Greensill, a provider of working capital finance for companies globally, completed the acquisition of Earnd, a Sydney-based fintech startup. Financial terms were not disclosed. "We are attracted to like-minded companies with innovative technology and local expertise. In Earnd we have identified an outstanding young team led by an exceptional founder with proven technology. This acquisition will give us a springboard into Australia and the Asia Pacific region, allowing us to offer even more employees the opportunity to get paid sooner," Lex Greensill, Greensill Founder and CEO.

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