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New Deal


Announced

Completed

Nasdaq completed the acquisition of Verafin for $2.75bn.

Financials

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Transaction Value£2,071m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Majority

Software

financial technology

financial crime management software

Canada

Acquisition

Private

Friendly

Private Equity

Completed

Synopsis

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Nasdaq, a global technology company, completed the acquisition of Verafin, a provider of anti-financial crime management solutions, from a consortium of investors for $2.75bn. “At Nasdaq, we believe that fair, secure and transparent markets are vital to creating strong economies that move the world forward. Nasdaq’s global reach combined with Verafin’s powerful analytics, robust data insights, and innovative investigation tools, will create a next generation suite of solutions to fight financial crime and promote integrity throughout the financial ecosystem. We are thrilled to welcome Verafin’s talented employees into the Nasdaq family and look forward to supporting local institutions in Newfoundland and Labrador to promote continued innovation,” Adena Friedman, Nasdaq President and Chief Executive Officer.

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