M&A Deal Summary

Wellfield Technologies Acquires Coinmama

On March 24, 2022, Wellfield Technologies acquired information technology company Coinmama for 3M USD

Acquisition Highlights
  • This is Wellfield Technologies’ 1st transaction in the Information Technology sector.
  • This is Wellfield Technologies’ largest (disclosed) transaction.
  • This is Wellfield Technologies’ 1st transaction in Ireland.

M&A Deal Summary

Date 2022-03-24
Target Coinmama
Sector Information Technology
Buyer(s) Wellfield Technologies
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Coinmama

Dublin, Ireland
Coinmama is a provider of platform for millions of buyers and sellers of digital currencies using everyday payment methods. Coinmama was founded in 2013 and is based in Dublin, Ireland.

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Buyer(S) 1

Buyer

Wellfield Technologies

Vancouver, British Columbia, Canada

Category Company
Founded 2021
Sector Information Technology
Revenue 52M CAD (2024)
DESCRIPTION

Wellfield Technologies is a provider of an advanced technology that uses blockchain to create the next generation of financial solutions for institutions and consumers. Wellfield Technologies was founded in 2021 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Ireland) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1