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New Deal


Announced

Zip failed to acquire Sezzle for $355m.

Financials

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Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium22%
One Off Charge-

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Single Bidder

Majority

Acquisition

Cross Border

FinTech

United States

financial technology

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Public

Failed

Synopsis

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Zip, a provider of digital payment solutions, failed to acquire Sezzle, a payment solution provider, for $355m. “We believe that mutually terminating the merger agreement with Sezzle at this time is in the best interests of Zip and its shareholders, and will allow Zip to focus on its strategy and core business in the current environment," Diane Smith-Gander, Zip Chair of the Board.

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