.
MergerLinks Header Logo

New Deal


Announced

InfoCert to acquire a 60% stake in CertEurope from Oodrive for $52m.

Financials

Edit Data
Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

commercial services

Private

Pending

Cross Border

certificate management

Majority

Outsourced HR and Staffing

France

Friendly

Acquisition

Synopsis

Edit

InfoCert, a digital trust services provider owned by Tinexta, agreed to acquire a 60% stake in CertEurope, a provider of digital certificate services intended to guarantee and secure digital identities, from Oodrive, a provider of cloud-based publishing, for $52m. Through the acquisition, Tinexta will enter the French market, the second largest in the European community, and InfoCert, the largest certification authority in Europe, will be enabled to sell its solutions on the territory.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US