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M&A Deal Summary

Integrated Ventures Acquires ITBS - CreditCalc

On February 7, 2018, Integrated Ventures acquired internet software and services company ITBS - CreditCalc from ITBS

Acquisition Highlights
  • This is Integrated Ventures’ 1st transaction in the Internet Software and Services sector.
  • This is Integrated Ventures’ 1st transaction in the United States.
  • This is Integrated Ventures’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2018-02-07
Target ITBS - CreditCalc
Sector Internet Software and Services
Buyer(s) Integrated Ventures
Sellers(s) ITBS
Deal Type Divestiture

Target

ITBS - CreditCalc

Jersey City, New Jersey, United States
ITBS LLC - CreditCalc is a loan calculation platform is a scalable solution and can be configured to factor in all the features of a given market conditions, capable of offering users a detailed summary of all applicable fees, repayment options and schedules.

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Buyer(S) 1

Buyer

Integrated Ventures

Huntingdon Valley, Pennsylvania, United States
Category Company
Sector Information Technology
DESCRIPTION

Integrated Ventures, Inc. is focused on launching and operating companies in the digital currency sector: BitcoLab – crypto currency investing and mining, Nemesis – manufacturing & sales of GPU mining rigs and equipment, LoanFunder - blockchain based loan management platform, MMC – mobile mining centers.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

ITBS

Jersey City, New Jersey, United States
Category Company
Sector Information Technology
DESCRIPTION

ITBS LLC is a loan management and calculation platform. ITBS is based in Jersey City, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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