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New Deal


Announced

Completed

DCG, Northzone and White Star Capital-backed Safello completed the acquisition of Bitcoin.se.

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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Majority

Payments / Commerce

Completed

Private

Acquisition

Friendly

Sweden

Single Bidder

cryptocurrencies

Private Equity

Cross Border

Synopsis

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DCG, Northzone and White Star Capital-backed Safello, a Swedish fintech firm, completed the acquisition of Bitcoin.se, an educational portal on cryptocurrencies. Financial terms were not disclosed. "David has been a strong advocate for the Swedish cryptocurrency market. In the past, he led the court case that set the regulatory framework for cryptocurrencies on VAT for the EU, an effort Safello at the time sponsored. Our collaboration has extended over the years and we share the values and objectives of David and Bitcoin.se. We are excited for David to continue his journey together with Safello," Frank Schuil, Safello CEO.

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