Transaction · Wealthtech · 2024

iClick / Amber DWM 2024

iClick Interactive Asia Group Limited acquired Amber DWM Holding Limited for $360M on November 30, 2024.

Target
Amber DWM Holding Limited
Acquirer
iClick Interactive Asia Group Limited
Deal value
$360M
Announced
November 30, 2024
Sub-sector
Wealthtech

Transaction overview

  • iClick Interactive Asia Group Limited announced the acquisition of Amber DWM Holding Limited on November 30, 2024 for $360M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Combines Amber Premium's digital wealth management platform with iClick's data analytics and enterprise software to bridge traditional finance and digital assets.

Deal terms & multiples

Deal value
$360M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 30, 2024
Sub-sector
Wealthtech

Frequently asked questions

How much did iClick Interactive Asia Group Limited pay for Amber DWM Holding Limited?

iClick Interactive Asia Group Limited acquired Amber DWM Holding Limited for $360M, announced on November 30, 2024.

When did iClick Interactive Asia Group Limited announce the acquisition of Amber DWM Holding Limited?

iClick Interactive Asia Group Limited announced the acquisition of Amber DWM Holding Limited on November 30, 2024.

What sub-sector is Amber DWM Holding Limited in?

Amber DWM Holding Limited is tracked in the Wealthtech sub-sector.

Sources