Add-on Acquisition • Business Services

Auditchain Acquires Areport

On April 14, 2022, Auditchain acquired business services company Areport

Acquisition Context
  • This is Auditchain’s 1st transaction in the Business Services sector.
  • This is Auditchain’s 1st transaction in Bosnia and Herzegowina.

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M&A Deal Summary

Date April 14, 2022
Target Areport
Sector Business Services
Buyer(s) Auditchain
Deal Type Add-on Acquisition

Target Company

Areport

Sarajevo, Bosnia and Herzegowina
Areport is an Open Source project, which allows to creation of an XBRL instance based on XBRL taxonomy which is created by DPM Architect. This standard is recommended and implemented by EU regulators such as EBA and EIOPA.
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Buyer Overview 1

Buyer

Auditchain

Zug, Switzerland

Category Company
Founded 2017
Sector Business Services
DESCRIPTION

Auditchain is a decentralized continuous audit and reporting protocol ecosystem for the digital asset and enterprise assurance and disclosure. The company enables continuous external validation and real-time presentation of financial conditions for digital assets as well as traditional enterprises. The DCARPE Explorer is a subscription-based interface that renders detailed financial information and audit analytics for stakeholders of digital assets and enterprises. Auditchain was formed in 2017 and is based in Zug, Switzerland.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Bosnia and Herzegowina 1 of 1
Year: 2022 1 of 1