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  6. Tyros AG Acquires Next Gen Gifting

M&A Deal Summary

Tyros AG Acquires Next Gen Gifting

On May 2, 2018, Tyros AG acquired information technology company Next Gen Gifting

Acquisition Highlights
  • This is Tyros AG’s 1st transaction in the Information Technology sector.
  • This is Tyros AG’s 1st transaction in the United States.
  • This is Tyros AG’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2018-05-02
Target Next Gen Gifting
Sector Information Technology
Buyer(s) Tyros AG
Deal Type Add-on Acquisition

Target

Next Gen Gifting

Williamstown, Massachusetts, United States
Next Gen Gifting, Inc. is a company of fintech, gift/loyalty card and brand building veterans. We loved cryptocurrencies like bitcoin but recognized the difficulty with which cryptocurrencies are currently bought, much less given. So we developed the easiest, fastest onramp for the growing global interest in cryptocurrencies like bitcoin, Litecoin, Ripple and Bitcoin Cash in the form of consumer-friendly digital and physical gift card services platforms.

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Buyer(S) 1

Buyer

Tyros AG

Hamburg, Germany
Category Company
Sector Diversified
DESCRIPTION

Tyros AG portfolio companies are building compelling services and software platforms that serve as a foundation for growth of the cryptocurrency, blockchain and distributed ledger ecosystems.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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