Transaction · Embedded Finance · 2024

Railsr / Equals 2024

Railsr acquired Equals for $358M on December 11, 2024.

Target
Equals
Acquirer
Railsr
Deal value
$358M
Announced
December 11, 2024
Sub-sector
Embedded Finance

Transaction overview

  • Railsr announced the acquisition of Equals on December 11, 2024 for $358M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Combining to create one of Europe's largest embedded finance platforms with enhanced service capabilities across payment and card products.

Deal terms & multiples

Deal value
$358M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 11, 2024
Acquirer
Railsr (PE-backed Strategic)
Sub-sector
Embedded Finance

Frequently asked questions

How much did Railsr pay for Equals?

Railsr acquired Equals for $358M, announced on December 11, 2024.

When did Railsr announce the acquisition of Equals?

Railsr announced the acquisition of Equals on December 11, 2024.

What sub-sector is Equals in?

Equals is tracked in the Embedded Finance sub-sector.

Sources

  • cityam.com /equals-finally-strikes-283m-takeover-deal-with-lord-hammond-led-group/