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New Deal


Announced

Caisse des Dépôts to acquire a 28% stake in Capveriant from Deutsche Pfandbriefbank.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For28%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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FinTech

Acquisition

Friendly

Cross Border

Pending

Private

Germany

Minority

Single Bidder

financial technology

Private Equity

Synopsis

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Caisse des Dépôts, a French public financial institution, agreed to acquire a 28% stake in Capveriant, a fintech company, from Deutsche Pfandbriefbank, a German specialist lender. Financial terms were not disclosed. The joint-venture underlines pbb’s commitment to support public sector borrowers in financing matters through the Capveriant platform as well as pbb’s overall commitment to the French market, where it is a major lender to commercial real estate investors and also engages in the financing of investments in the public sector.

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