Transaction · Crypto / Digital Assets · 2021

Nukkleus / Jacobi Asset Management 2021

Nukkleus Inc acquired Jacobi Asset Management on October 21, 2021.

Target
Jacobi Asset Management
Acquirer
Nukkleus Inc
Announced
October 21, 2021
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Nukkleus Inc announced the acquisition of Jacobi Asset Management on October 21, 2021.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Nukkleus expands into regulated exchange-traded crypto assets by acquiring stake in Bitcoin ETF issuer with tier-one regulatory approval.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
October 21, 2021
Acquirer
Nukkleus Inc (Strategic)

Frequently asked questions

When did Nukkleus Inc announce the acquisition of Jacobi Asset Management?

Nukkleus Inc announced the acquisition of Jacobi Asset Management on October 21, 2021.

What sub-sector is Jacobi Asset Management in?

Jacobi Asset Management is tracked in the Crypto / Digital Assets sub-sector.

Sources

  • prnewswire.com /news-releases/nukkleus-inc-acquires-stake-in-new-bitcoin-etf-issuer-jacobi-asset-management-301405763.html