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New Deal


Announced

Via Varejo to acquire Airfox.

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

FinTech

Single Bidder

United States

Private

Pending

financial services

Majority

Friendly

Synopsis

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Via Varejo, a Brazilian retail company agreed to acquire Airfox, a Boston-based fintech startup. Financial terms were not disclosed. “I’m incredibly proud of what Airfox has accomplished so quickly and forever grateful to our ingenious and dedicated team members for all their hard work. With Via Varejo’s support, we’ll continue to lead the charge in leveraging today’s technology for tomorrow’s solutions and securing greater financial inclusion for all,” Victor Santos, Airfox Chairman, Founder & CEO.

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