Transaction · Crypto / Digital Assets · 2020

ICE / Bridge2 Solutions 2020

ICE acquired Bridge2 Solutions on February 1, 2020.

Target
Bridge2 Solutions
Acquirer
ICE
Announced
February 1, 2020
Sub-sector
Crypto / Digital Assets

Transaction overview

  • ICE announced the acquisition of Bridge2 Solutions on February 1, 2020.

Strategic rationale

ICE acquires loyalty solutions provider to accelerate development of Bakkt consumer application for digital asset aggregation, conversion and payments.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
February 1, 2020
Acquirer
ICE (Strategic)

Sources

  • itnewsonline.com /GlobeNewswire/Dealbox-Evidence-in-2020-Continues-to-Support-Thesis-that-Multi-Trillion-Digital-Asset-Market-is-Gaining-Momentum/12645