Foresight Ventures completed the acquisition of a majority stake in The Block for $70m.

Synopsis

Foresight Ventures, a private equity firm, completed the acquisition of a majority stake in The Block, a crypto news and data provider, for $70m.

Principals

The Block

Foresight Ventures

Show Details & Financials

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Market Context

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Seller Team (2)

larry cermak

CEO at THE BLOCK

Manager

target

Deal

£ 56 M

Total Value

peyton worley

Partner at Latham & Watkins

Lawyer

target

Deals

£ 2.17 B

Total Value

Bidder Team (1)

forest bai

Chairman at FORESIGHT VENTURES

Manager

bidder

Deal

£ 56 M

Total Value

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