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New Deal


Announced

V Ventures to acquire Zipmex for $100m.

Financials

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Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

cryptocurrencies

Acquisition

Thailand

Majority

Payments / Commerce

Cross Border

cryptocurrency platform

Private Equity

Friendly

Private

Single Bidder

Synopsis

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V Ventures, a venture capital firm based in Singapore, agreed to acquire Zipmex, a cryptocurrency exchange, for $100m. The acquisition report comes weeks after local media reported that V Ventures and Zipmex were on track to sign a majority buyout agreement.

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