Add-on Acquisition • Financial Services

BitNational Acquires Bitcoin Brains

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

Acquisition Context

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.

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M&A Deal Summary
Date	May 1, 2015
Target	Bitcoin Brains
Sector	Financial Services
Buyer(s)	BitNational
Deal Type	Add-on Acquisition
Deal Value	2M USD

Target Company

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 Overview 1

Buyer

BitNational

Richmond, British Columbia, Canada

Category	Company
Sector	Information Services

DESCRIPTION

BitNational is a provider of global currency exchange information services.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Financial Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Alberta	1 of 1
Country: Canada	1 of 1
Year: 2015	1 of 1
Size (of disclosed)	1 of 1

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