1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Illinois >
  6. DeFi Development Acquires Groundbreaker

M&A Deal Summary

DeFi Development Acquires Groundbreaker

On November 20, 2023, DeFi Development acquired internet software and services company Groundbreaker

Acquisition Highlights
  • This is DeFi Development’s 1st transaction in the Internet Software and Services sector.
  • This is DeFi Development’s 1st transaction in the United States.
  • This is DeFi Development’s 1st transaction in Illinois.

M&A Deal Summary
Date 2023-11-20
Target Groundbreaker
Sector Internet Software and Services
Buyer(s) DeFi Development
Deal Type Add-on Acquisition

Target

Groundbreaker

Chicago, Illinois, United States
Groundbreaker is a specialized SaaS platform designed to simplify capital fundraising and investment administration in the commercial real estate industry. Groundbreaker was founded in 2014 and is based in Chicago, Illinois.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

DeFi Development

Boca Raton, Florida, United States
Category Company
Founded 2018
Sector Software
Employees14
Revenue 2M USD (2024)
DESCRIPTION

DeFi Development is an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. DeFi Development was founded in 2018 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal