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New Deal


Announced

Completed

ConsenSys completed the acquisition of Special Mechanisms Group.

Financials

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

Tags

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mechanism design

Completed

Single Bidder

blockchain microstructure

United States

Acquisition

Majority

Private

Domestic

Friendly

Software

Synopsis

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ConsenSys, a market-leading blockchain technology company, completed the acquisition of Special Mechanisms Group, a blockchain microstructure research and mechanism design company. Financial terms were not disclosed. “SMG's unique expertise around mechanism design is a strategic addition to Consensys’ goal of improving user experience. SMG’s talented contributors are deeply aligned with the mission of user empowerment through decentralization. Their unique capabilities will enable us to continually deliver state-of-the-art solutions that empower builders and users across our ecosystem,” Joe Lubin, Consensys CEO.

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