Announced
Gridsum to merge with Gridsum Holding in a $75.5m deal.
Financials
Transaction Value£58m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium217.5%
One Off Charge-
Tags
Friendly
China
Acquisition
Pending
Privatisation
Single Bidder
Public
Merger
Majority
Domestic
Digital Services
big-data analytics
AI solutions
Synopsis
Gridsum, a provider of sophisticated data analysis software, agreed to merge with Gridsum Holding, a provider of cloud-based big-data analytics and artificial intelligence solutions in China, in a $75.5m deal.
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