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Announced

6 Sep 2024

Completed

6 Sep 2024

Mercury completed the acquisition of Teal.

Synopsis

Mercury, a financial technology company, completed the acquisition of Teal, a seed stage startup that builds accounting products. Financial terms were not disclosed.

Principals

target

Teal Platforms

bidder

MERCURY

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Market Context

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Seller Team (7)

ian crosby

Co-Founder and CEO at TEAL PLATFORMS

Manager

target

Deal

n/a

Total Value

justin d. young

Partner at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 25 M

Total Value

justin dharamdial

Partner at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 2.42 B

Total Value

ian morrison

Associate at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 1.26 B

Total Value

sylvia rowat

Associate at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 703 M

Total Value

madison kerr

Associate at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 256 M

Total Value

abigail omale

Associate at Osler Hoskin & Harcourt

Lawyer

target

Deals

£ 1.08 B

Total Value

Bidder Team (1)

immad akhund

CEO at MERCURY

Manager

bidder

Deals

£ 86 M

Total Value

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