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  5. ShapeShift AG Acquires Portis

M&A Deal Summary

ShapeShift AG Acquires Portis

On April 14, 2020, ShapeShift AG acquired software company Portis

Acquisition Highlights
  • This is ShapeShift AG’s 1st transaction in the Software sector.
  • This is ShapeShift AG’s 1st transaction in Israel.

M&A Deal Summary
Date 2020-04-14
Target Portis
Sector Software
Buyer(s) ShapeShift AG
Deal Type Add-on Acquisition

Target

Portis

Tel Aviv, Israel
Portis is a provider of noncustodial software wallet solutions. Portis was founded in 2018 and is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

ShapeShift AG

Zug, Switzerland
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

ShapeShift AG is a digital cryptocurrency exchange platform that allows individuals and businesses to convert their blockchain tokens. ShapeShift AG was established in 2014 and is based in Zug, Switzerland.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-15 KeepKey

Kirkland, Washington, United States

KeepKey LLC is a personal, mobile, and secure hardware vault for bitcoin and other digital assets. KeepKey LLC was established in 2014 and is based in Kirkland, Washington.

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