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New Deal


Announced

Completed

BlackFin completed the acquisition of a 70% stake in DWS' digital investment platform.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

digital investment platform

Diversified Financials

Majority

Cross Border

Single Bidder

Acquisition

Private

Private Equity

Germany

Completed

Synopsis

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BlackFin Capital Partners, a private equity firm, completed the acquisition of a 70% stake in the digital investment platform of DWS Group, an asset manager. Financial terms were not disclosed. Closing of the transaction is expected for the second half of 2022. "With BlackFin, we have found the right partner to help us unlocking the full potential of our digital investment platform IKS. Our joint mission is to create a true pan-European player and we look forward to working with our new partners and making IKS a strong sales channel for DWS in the long term," Dirk Goergen, DWS Group Member of the Executive Board and Head of Client Coverage Division.

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