Block / Afterpay 2022

Block acquired Afterpay for $29B on August 1, 2021.

Target

Afterpay

Acquirer

Block

Deal value

$29B

Deal type

Stock

Announced

August 1, 2021

Sub-sector

Lending

Block (Square) buys global BNPL leader to integrate buy-now-pay-later across Square Sellers and Cash App, marking peak BNPL M&A pricing.

Deal value

$29B

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

August 1, 2021

Close date

January 31, 2022

Acquirer

Block (Strategic)

Target HQ

Australia

Deal type

Stock

Sub-sector

Lending

Source: block.xyz