Nasdaq / Verafin 2020

Nasdaq acquired Verafin for $2.8B on November 19, 2020.

Target

Verafin

Acquirer

Nasdaq

Deal value

$2.8B

Deal type

Cash

Announced

November 19, 2020

Sub-sector

Regtech

Nasdaq buys St. John's-based anti-financial-crime platform serving 2,000+ community banks to extend its Anti-Financial Crime offering globally.

Deal value

$2.8B

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

November 19, 2020

Close date

February 12, 2021

Acquirer

Nasdaq (Strategic)

Target HQ

Canada

Deal type

Cash

Sub-sector

Regtech

Source: nasdaq.com