M&A Deal Summary |
|
|---|---|
| Date | 2020-11-17 |
| Target | Carta Worldwide |
| Sector | Information Technology |
| Buyer(s) | Mogo |
| Sellers(s) | VERTU Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 24M USD |
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| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Internet Software and Services |
| Employees | 344 |
| Revenue | 65M CAD (2023) |
Mogo is a financial technology company offers financial health app that empowers consumers with solutions to help them manage and control finances. Users can sign up for a free MogoAccount in only three minutes and get access to six products including free credit score monitoring. Mogo was founded in 2003 and is based in Vancouver, British Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Information Technology) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Ontario) | 1 of 2 |
| Country (Canada) | 1 of 4 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-28 |
Mogo - Consumer Loan Portfolio
Vancouver, British Columbia, Canada Mogo, Inc. - Consumer Loan Portfolio consists of $31.9 million and approximately 5,700 active customers, consisting of personal installment loans with terms of up to 5 years. The transaction also includes approximately $12.4 million of previously written off consumer loans and a commitment for Mogo to market and promote easyfinancial to its current and prospective members. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-11 |
Coinsquare
Toronto, Ontario, Canada Coinsquare provides digital asset traders a proprietary trading platform engineered to deliver a robust, secure, and intelligent interface for trading Bitcoin, Ethereum, Litecoin, and other digital assets. Coinsquare’s products and services also include Coinsquare Wealth for qualified individuals and institutions. The company's Wealth service provides customers with an OTC desk featuring institutional grade liquidity, dedicated account management its Account Director, and a suite of other investment products focused on digital assets. Coinsquare was formed in 2014 and is based in |
Buy | - |
VERTU Capital is a private investment firm focused on acquiring and investing in Canadian technology companies. VERTU targets established B2B companies with at least $20 million in revenue and enterprise values ranging from $75 to $250 million. VERTU Capital was formed in 2016 and is headquartered in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Ontario) | 1 of 2 |
| Country (Canada) | 1 of 1 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-12 |
Firmex
Toronto, Ontario, France Firmex is a virtual data room provider that has helped to drive the virtual data room marketplace with its SaaS secure document sharing platform to global financial institutions, law firms, and governments. Firmex’s secure and intuitive SaaS solution allows for the sharing of large volumes of confidential documents and mission-critical undertakings, including financial transactions, litigation, and compliance across a range of industries. Firmex was founded in 2006 and is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-21 |
Dejero
Waterloo, Ontario, Canada Dejero is a global provider of resilient connectivity for critical communications. Driven by its vision of reliable connectivity anywhere, Dejero aggregates diverse connectivity paths including LTE and 5G cellular, satellite, and broadband into a virtual ‘network of networks’ to deliver enhanced reliability, expanded coverage, and greater bandwidth using cloud-based technology. Dejero was founded in 2008 and is based in Waterloo, Ontario. |
Buy | $60M |
