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.
  • The deal is expected to close pending customary conditions.

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
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
February 1, 2020
Acquirer
ICE (Strategic)

Frequently asked questions

When did ICE announce the acquisition of Bridge2 Solutions?

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

What sub-sector is Bridge2 Solutions in?

Bridge2 Solutions is tracked in the Crypto / Digital Assets sub-sector.

Sources

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