Transaction · BNPL · 2021

CTOS Digital / JurisTech 2021

CTOS Digital acquired JurisTech on December 24, 2021.

Target: JurisTech
Acquirer: CTOS Digital
Announced: December 24, 2021
Sub-sector: BNPL

Transaction overview

CTOS Digital announced the acquisition of JurisTech on December 24, 2021.
The deal is expected to close pending customary conditions.

Strategic rationale

Combine credit data and digital lending software to create end-to-end solution for banks, digital banks, BNPL and peer-to-peer lenders.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: December 24, 2021
Acquirer: CTOS Digital (Strategic)
Sub-sector: BNPL

Frequently asked questions

When did CTOS Digital announce the acquisition of JurisTech?

CTOS Digital announced the acquisition of JurisTech on December 24, 2021.

What sub-sector is JurisTech in?

JurisTech is tracked in the BNPL sub-sector.

Sources

malaymail.com /news/money/2021/12/24/ctos-digital-proposes-to-buy-49pc-stake-in-juristech-for-rm205.8m/2030867