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New Deal


Announced

FTX US to acquire Voyager Digital for $1.42bn.

Financials

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Transaction Value£1,310m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Pending

Restructuring

United States

Majority

Private

Acquisition

Friendly

cryptocurrency trading

Domestic

Auction

Synopsis

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FTX US, a crypto exchange company, agreed to acquire Voyager Digital, a crypto-asset broker, for $1.42bn. FTX US's bid maximizes value and minimizes the remaining duration of the company's restructuring by providing a clear path forward for the debtors to consummate a chapter 11 plan and return value to their customers and other creditors. FTX US's market-leading, secure trading platform will enable customers to trade and store cryptocurrency after the conclusion of the company's chapter 11 cases.

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