M&A Deal Summary

Dynamite Blockchain Acquires Optimal CP

On November 23, 2021, Dynamite Blockchain acquired business services company Optimal CP for 14M USD

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

M&A Deal Summary

Date 2021-11-23
Target Optimal CP
Sector Business Services
Buyer(s) Dynamite Blockchain
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

Dynamite Blockchain

Vancouver, British Columbia, Canada

Category Company
Founded 2015
Sector Software
DESCRIPTION

Dynamite Blockchain 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. Dynamite Blockchain was incorporated in 2015 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 1 of 1
Year: 2021 M&A 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