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Announced

Internet Mobile Communications went public via a merger with Crystal Peak Acquisition in a $450m.

Financials

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Transaction Value£373m
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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Acquisition

Mobile

Private Equity

Pending

Friendly

Cross Border

Private

Single Bidder

De-SPAC

mobile telecoms

Majority

Reverse Takeover

United Kingdom

Merger

Synopsis

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Internet Mobile Communications, a fintech company, went public via a merger with Crystal Peak Acquisition, a special purpose acquisition company aimed at acquiring a technology company in the European and wider EMEA digital and technology ecosystems, in a $450m. Its marketplace, which allows its partner base of over 1,700 operators worldwide to make same-day settlements, helps overcome telecom industry challenges and increases operational efficiency.

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