M&A Deal Summary

Cryptoblox Technologies Acquires Optimal CP

On November 23, 2021, Cryptoblox Technologies acquired business services company Optimal CP for 14M USD

Acquisition Highlights
  • This is Cryptoblox Technologies’ 1st transaction in the Business Services sector.
  • This is Cryptoblox Technologies’ largest (disclosed) transaction.
  • This is Cryptoblox Technologies’ 1st transaction in the United States.

M&A Deal Summary
Date 2021-11-23
Target Optimal CP
Sector Business Services
Buyer(s) Cryptoblox Technologies
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

Optimal CP

United States
Optimal CP is a company focused on the development and management of crypto mining facilities. Optimal CP is based in United States.

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Buyer(S) 1

Buyer

Cryptoblox Technologies

Vancouver, British Columbia, Canada
Category Company
Sector Software
DESCRIPTION

Cryptoblox Technologies is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. Cryptoblox Technologies is based in Vancouver, Canada.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United States) 1 of 1
Year (2021) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-22 CryptoPlug

British Columbia, Canada

CryptoPlug is an entity developing a blockchain-based, crypto-compatible application for smartphones.

Buy CA$6M
Mergr

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