Transaction · Capital Markets Tech · 2020

United Fintech / NetDania 2020

United Fintech acquired NetDania on November 12, 2020.

Target
NetDania
Acquirer
United Fintech
Announced
November 12, 2020
Sub-sector
Capital Markets Tech

Transaction overview

  • United Fintech announced the acquisition of NetDania on November 12, 2020.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire capital markets fintech providing market data, APIs and terminals to enable banks' digital transformation and expand portfolio of solutions.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 12, 2020
Acquirer
United Fintech (Strategic)

Frequently asked questions

When did United Fintech announce the acquisition of NetDania?

United Fintech announced the acquisition of NetDania on November 12, 2020.

What sub-sector is NetDania in?

NetDania is tracked in the Capital Markets Tech sub-sector.

Sources

  • finanznachrichten.de /nachrichten-2020-11/51224068-united-fintech-launches-to-transform-banks-fintechs-in-capital-markets-004.htm