M&A Deal Summary

Bitcoin Depot Acquires Bitaccess

On November 2, 2022, Bitcoin Depot acquired information technology company Bitaccess

Acquisition Highlights
  • This is Bitcoin Depot’s 2nd transaction in the Information Technology sector.
  • This is Bitcoin Depot’s 1st transaction in Canada.
  • This is Bitcoin Depot’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-11-02
Target Bitaccess
Sector Information Technology
Buyer(s) Bitcoin Depot
Deal Type Add-on Acquisition

Target

Bitaccess

Ottawa, Ontario, Canada
Bitaccess is a technology company building the future of financial services. The company has products in three verticals of blockchain technology payment processing, blockchain auditing, and asset management. Bitaccess was formed in 2013 and is based in Ottawa, Ontario.

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Buyer(S) 1

Buyer

Bitcoin Depot

Atlanta, Georgia, United States
Category Company
Sector Information Technology
DESCRIPTION

Bitcoin Depot is a cryptocurrency ATM network based in Atlanta, Georgia, and is the fastest-growing multi-cryptocurrency ATM network in the world. Bitcoin Depot's mission is to provide the most secure, convenient, customer-service-oriented and fastest cryptocurrency transactions, ultimately opening up the cryptocurrency market to the masses. The 200-plus strong network of cryptocurrency ATMs enables users to buy and sell Bitcoin, Litecoin, Ethereum and Bitcoin Cash instantly at hundreds of locations across the United States.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 DFW Bitcoin

Dallas, Texas, United States

DFW Bitcoin provides a safe and reliable platform to buy and sell Bitcoins. DFW Bitcoin own bitcoin machines throughout Dallas, Austin and Houston, Texas and are looking for more locations to expand our growing company. Bitcoin is gaining traction throughout the world and we’re just trying to keep up the pace.

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