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New Deal


Announced

Axo to acquire LendMe.

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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Friendly

Private

Denmark

Consumer Lending

Private Equity

Pending

Majority

Cross Border

loan brokers

Acquisition

Single Bidder

Synopsis

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Axo, a distributor of personal finance products, agreed to acquire LendMe, a tech-enabled loan broker. Financial terms were not disclosed. "We are delighted to partner with a high-caliber business that shares our commitment to customer success, and with LendMe as part of the Axo family, we will continue to innovate and develop solutions that strengthen our offerings to both consumers and banking partners," Carl Endresen, Axo CEO.

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