M&A Deal Summary

Dama Financial Acquires Candid

On October 24, 2023, Dama Financial acquired e-commerce company Candid

Acquisition Highlights
  • This is Dama Financial’s 1st transaction in the E-Commerce sector.
  • This is Dama Financial’s 2nd transaction in the United States.
  • This is Dama Financial’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-10-24
Target Candid
Sector E-Commerce
Buyer(s) Dama Financial
Deal Type Add-on Acquisition

Target

Candid

Pittsburgh, Pennsylvania, United States
Candid is a digital e-commerce platform that combines science, software, and personalization to converge the cannabis supply chain. Candid is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Dama Financial

South San Francisco,, California, United States
Category Company
Sector Financial Services
DESCRIPTION

Dama Financial is provider of access to banking and financial services, powering safe and secure depository solutions, as well as business tools such as cash management, payroll and electronic consumer payment solutions. Dama Financial is based in South San Francisco, California.

DEAL STATS #
Overall 2 of 2
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-20 GrowFlow

Seattle, Washington, United States

GrowFlow is a provider of Traceability software. GrowFlow is based in Seattle, Washington.

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Mergr

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