M&A Deal Summary

Hardbacon Acquires Simplerate

On March 23, 2022, Hardbacon acquired internet software and services company Simplerate

Acquisition Highlights
  • This is Hardbacon’s 2nd transaction in the Internet Software and Services sector.
  • This is Hardbacon’s 1st transaction in Canada.
  • This is Hardbacon’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2022-03-23
Target Simplerate
Sector Internet Software and Services
Buyer(s) Hardbacon
Deal Type Add-on Acquisition

Target

Simplerate

Vancouver, British Columbia, Canada
Simplerate specializes in financial products and services that help find the solution for all personal finance needs with comparison tools and other resources. Simplerate is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Hardbacon

Longueuil, Quebec, Canada

Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

Hardbacon is a personal finance application used by more than 30,000 Canadians. Hardbacon enables its users to compare different financial services such as credit cards, bank accounts, online brokers, and Robo-advisors. Hardbacon was founded in 2017 and is based in Longueuil, Quebec.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Findmytotal

India

Findmytotal is a website making available a wide range of scientific and financial calculators to the public. Findmytotal is based in India.

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