Block M&A Summary
Block has acquired 17 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.
Block’s largest acquisition to date was in 2021, when it acquired Afterpay Limited for $27.8B. It’s largest disclosed sale occurred in 2019, when it sold Caviar to Doordash for $410M. Block has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (71%) and digital media (6%).
M&A Summary
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M&A Total Activity18
- M&A Buy Activity17
- M&A Sell Activity1
- Total Sectors Invested 6
- Total Countries Invested 3
- M&A Buy/Sell Connections 4