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New Deal


Announced

eToro to acquire Gatsby.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Online and Social Platforms

Majority

Friendly

Single Bidder

Pending

United States

options trading platform

Acquisition

Cross Border

Synopsis

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eToro, the multi-asset social investment network, agreed to acquire Gatsby, an options trading platform tailored to a new generation of investors. Financial terms were not disclosed. "We’ve seen a seismic shift in the balance of power away from traditional finance institutions towards the retail investor. The internet has democratized financial information and a sea change has taken place, empowering more everyday investors – particularly Gen Z and Millennials – to trade and invest. These retail investors are looking for opportunities to generate returns in today’s bear market," Yoni Assia, eToro CEO and Co-Founder.

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