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New Deal


Announced

Completed

Powerbridge Technologies completed the acquisition of a 19% stake in DTI Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Completed

Cross Border

Australia

digitalization

Digital Services

Private

Minority

Friendly

Synopsis

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Powerbridge Technologies, a provider of multi-industry technology solutions, completed the acquisition of a 19% stake in DTI Group, a technology company specializing in international trade digitalization and platforms. Financial terms were not disclosed. "We see that the market demand for international trade digitalization is growing rapidly. We look forward to working with DTI to integrate our technology and market resources in developing and implementing the United Nation's Project. We believe this acquisition is critical to our growth and will enhance investor value," Stewart Lor, Powerbridge CEO.

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