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  5. MIRIS AS Acquires Redsand Group

M&A Deal Summary

MIRIS AS Acquires Redsand Group

On July 9, 2019, MIRIS AS acquired information technology company Redsand Group

Acquisition Highlights
  • This is MIRIS AS’s 1st transaction in the Information Technology sector.
  • This is MIRIS AS’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-07-09
Target Redsand Group
Sector Information Technology
Buyer(s) MIRIS AS
Deal Type Add-on Acquisition

Target

Redsand Group

London, United Kingdom
Founded in 2014, the Redsand Group helps businesses harness blockchain and crypto technology, fulfilling mandates by providing cutting-edge opportunities for corporate visionaries and professional investors. Redsand Labs is a venture builder focused on tokenised economic business models blending technology and financial market capability helping businesses reinvent via complex innovation mandates. Redsand Exchange is an institutional crypto investment brokerage and token exchange service, trading and building portfolios for established investors looking to diversify into crypto assets.

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Buyer(S) 1

Buyer

MIRIS AS

Oslo, Norway
Category Company
Founded 2016
Sector Real Estate
DESCRIPTION

Formed in 2016, MIRIS AS is a Norwegian property development company focused on utilizing technology to create sustainably built smart cities and buildings.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1
Mergr

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