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  6. BitNational Acquires Bitcoin Brains

M&A Deal Summary

BitNational Acquires Bitcoin Brains

On May 1, 2015, BitNational acquired financial services company Bitcoin Brains for 2M USD

Acquisition Highlights
  • This is BitNational’s 1st transaction in the Financial Services sector.
  • This is BitNational’s largest (disclosed) transaction.
  • This is BitNational’s 1st transaction in Canada.
  • This is BitNational’s 1st transaction in Alberta.

M&A Deal Summary
Date 2015-05-01
Target Bitcoin Brains
Sector Financial Services
Buyer(s) BitNational
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Bitcoin Brains

Calgary, Alberta, Canada
Bitcoin Brains, Inc. is a provider of brokerage services. In addiction to brokerage it also offers bitcoin and altcoin miners from a variety of manufacturers.

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Buyer(S) 1

Buyer

BitNational

Richmond, British Columbia, Canada
Category Company
Sector Information Services
DESCRIPTION

BitNational is a provider of global currency exchange information services.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
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