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New Deal


Announced

Shift4 Payments to acquire The Giving Block for $300m.

Financials

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Transaction Value£224m
Consideration TypeOrdinary Shares, Cash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

cryptocurrencies

Pending

Majority

Acquisition

United States

Payments / Commerce

Friendly

Single Bidder

Synopsis

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Shift4 Payments, an American payment processing company, agreed to acquire The Giving Block, a nonprofit-specific solution for accepting cryptocurrency donations, for $300m. The Giving Block operates the leading crypto donation marketplace connecting cryptocurrency donors with over 1.3k nonprofit organizations. It is a fast growing and highly profitable business filling a vital need for nonprofits, with cryptocurrency donations, including Bitcoin and Ethereum, representing the #1 trend in philanthropic giving for 2022.

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