Windsor Drake
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.

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
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 30, 2024
Acquirer
iClick Interactive Asia Group Limited (Strategic)
Sub-sector
Wealthtech

Sources

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