Transaction · Capital Markets Tech · 2023

Infibeam Avenues / Pirimid Fintech 2023

Infibeam Avenues acquired Pirimid Fintech on December 15, 2023.

Target
Pirimid Fintech
Acquirer
Infibeam Avenues
Announced
December 15, 2023
Sub-sector
Capital Markets Tech

Transaction overview

  • Infibeam Avenues announced the acquisition of Pirimid Fintech on December 15, 2023.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Expand into capital markets and digital lending software with AI-backed trading and loan origination capabilities.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 15, 2023
Acquirer
Infibeam Avenues (Strategic)

Frequently asked questions

When did Infibeam Avenues announce the acquisition of Pirimid Fintech?

Infibeam Avenues announced the acquisition of Pirimid Fintech on December 15, 2023.

What sub-sector is Pirimid Fintech in?

Pirimid Fintech is tracked in the Capital Markets Tech sub-sector.

Sources