M&A Deal Summary

Lynx Global Digital Finance Acquires DA5

On March 16, 2021, Lynx Global Digital Finance acquired internet software and services company DA5 for 8M USD

Acquisition Highlights
  • This is Lynx Global Digital Finance’s 1st transaction in the Internet Software and Services sector.
  • This is Lynx Global Digital Finance’s largest (disclosed) transaction.
  • This is Lynx Global Digital Finance’s 1st transaction in Philippines.

M&A Deal Summary

Date 2021-03-16
Target DA5
Sector Internet Software and Services
Buyer(s) Lynx Global Digital Finance
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

DA5

Makati, Philippines
DA5 is a remittance and forex provider. DA5 offers a comprehensive mobile app for both Android and iOS, capable of various digital and eWallet payment channels and cryptocurrency trading. DA5 was founded in 2006 and is based in Makati, Philippines.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Lynx Global Digital Finance

Vancouver, British Columbia, Canada

Category Company
Founded 2016
Sector Software
DESCRIPTION

Lynx Global Digital Finance is a software development and technology company that has developed its own proprietary online E-Commerce Marketplace solution linking the rapidly expanding CBD industry to consumers. Lynx Global Digital Finance was founded in 2016 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Philippines) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Payright

Singapore

Payright is a single-source provider payment technology solutions with global issuing and merchant acquiring.

Buy -