Announced
Financials
Sources
Tags
Majority
Pending
Single Bidder
Private Equity
Friendly
Online and Social Platforms
investment crowdfunding
United Kingdom
Private
Cross Border
Acquisition
Synopsis
Republic, a fintech company, agreed to acquire Seedrs, an online investment platform, from Davidson Kempner Capital Management, an alternative investment management firm, for $100m. "Republic launched with the mission to make private investments accessible to all. We knew international expansion was necessary to achieve cross-bordered participation. In working with Seedrs, we have admired their technological capabilities, the strength of their team and their strong presence in the UK and soon Europe. We anticipate further developing the strengths of both companies from retail, secondaries, crypto, and communities to create a clear industry leader. We look forward to working together to shape the future of the industry at this critical stage of growth and innovation," Kendrick Nguyen, Republic Founder and CEO.
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