M&A Deal Summary

OvalX Acquires Oval

On May 14, 2021, OvalX acquired information technology company Oval

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

M&A Deal Summary

Date 2021-05-14
Target Oval
Sector Information Technology
Buyer(s) OvalX
Deal Type Add-on Acquisition

Target

Oval

London, United Kingdom
Oval operates a very successful mobile app that has over 100,000 active users, helping them to save and invest through their marketplace of financial products, automatically and on a recurring basis. Oval was formed in 2017 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

OvalX

London, United Kingdom

Category Company
Founded 1965
Sector Financial Services
DESCRIPTION

OvalX is a betting and CFD trading company that provides investors with unrivaled levels of customer support from friendly, knowledgeable staff, all delivered with the utmost client confidentiality. OvalX was formed in 1965 and is based in London, United Kingdom.


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: 2021 M&A 1 of 1