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New Deal


Announced

Digital Virgo to go public via a SPAC merger with Goal Acquisitions in a $513m deal.

Financials

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Transaction Value£433m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Acquisition

Cross Border

Private

Majority

Single Bidder

De-SPAC

Pending

payment platforms

Payments / Commerce

Friendly

Reverse Takeover

France

monetization platform

Synopsis

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Digital Virgo, a French global platform for payment and monetization of digital content and services, agreed to go public via a SPAC merger with Goal Acquisitions in a $513m deal. “After years of steady growth and profitability, now is the time for us to go public and pursue more rapid growth by satisfying customer demand for a one destination platform that fulfills their content, commerce, and financial needs. It’s also the right moment to bring our offerings to the US market. We’ve resisted previous pushes to go public, but in Goal Acquisitions Corp., we found exactly the right partner. Their team not only has the experience in building businesses and advising companies, but also has the global relationships in sports, media, games, and other areas that will allow us to develop new partnerships leading to more rapid customer acquisition and premier content creation to enhance the platform and grow revenue and profitability," Guillaume Briche, Digital Virgo CEO.

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