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New Deal


Announced

Completed

M3 Group completed the acquisition of Pinch Financial.

Financials

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

Sources

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Tags

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Canada

FinTech

Majority

Domestic

Acquisition

digital mortgage platform

Private

Friendly

Completed

Single Bidder

Synopsis

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M3 Group, a non-bank mortgage originator, completed the acquisition of Pinch Financial, a provider of a digital mortgage platform. Financial terms were not disclosed. "Providing a whole customer journey from beginning to end is one of the bigger opportunities out there for brokers when you talk post-pandemic. There’s been a rapid change in consumer behavior of late, and the purchase of Pinch Financial gives our brokers an unmatched ability to generate quality leads to grow their business fast,” Dino Di Pancrazio, M3 Group Chief Strategy Officer.

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