Mergers and Acquisitions

Binance acquires majority stake in Korean crypto exchange GOPAX

Binance Holdings plans to return to South Korea after pulling out of the market in 2021. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in S

Post Series-B, anti-fraud platform SEON acquires AML startup Complytron for a rumored €2.5M

Budapest-based SEON — an anti-fraud platform which looks at a customer’s “digital footprint” to weed out false accounts and thus prevent fraudulent transactions —  has acquired comp

Netlify acquires front-end platform Gatsby

Web development platform Netlify today announced that it has acquired its competitor Gatsby, the company behind the opensource GatsbyJS framework. Gatsby, which had raised a total of $46.8 million, in

Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition

Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly traded company’s 13-year history. Abou

Built buys fellow construction robotics firm, Roin

One of the most remarkable things about construction robotics is the sheer breadth of tasks that can potentially be automated. As I’ve noted before, the entire category is a prime target for robotic

Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B

Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software use

Gas, Slay, what’s next? Fire?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha Mascarenhas, Mary Ann Azevedo and Rebec

Bitwarden acquires Passwordless.dev to help companies authenticate users without passwords

Open source password management platform Bitwarden has made its first known acquisition, snapping up a fledgling Sweden-based startup called Passwordless.dev, which specializes in helping developers i

Shell snaps up EV charging operator Volta for $169 million

A U.S.-based subsidiary of oil company Shell is buying EV charging network operator Volta in an all-cash transaction valued at $169 million. Under the terms of the merger agreement, Shell USA Inc. wil

Sealed buys sensor startup InfiSense to fuel energy-saving services

Sealed built a business around predicting energy use and getting homeowners to ditch fossil fuels. So, naturally, the company’s first acquisition is a startup that tracks energy on a granular le

Deel enters equity management space with acquisition of Capbase

Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies told TechCrunch exclusively. As its name suggests, San Francisco-based Capbas

TechCrunch+ roundup: New success metrics, M&A timeline, 5 cloud trends for 2023

Every founder I’ve ever worked with was absolutely, completely convinced that they could build and scale a company.

BioNTech acquires Tunisian-born and UK-based AI startup InstaDeep for £562M

German-based biotech company BioNTech SE is set to acquire InstaDeep, a Tunis-born and U.K.-based artificial intelligence (AI) startup, for up to £562 million (~$680 million) in its largest deal yet.

2023 will bring crisper methods for evaluating startup success

If 2022 was a year of paradigm-shifting dynamics, 2023 will be a year when we'll determine the winners and the losers.

IonQ acquires quantum networking specialist Entangled Networks

IonQ, the trapped ion quantum computing company that went public via a SPAC in late 2021, today announced that it has acquired Entangled Networks, a Toronto-based startup that helps industrial and aca

A timeline for startup M&A processes: Key steps and factors to consider

During downturns, think of M&A as a game of musical chairs. Companies that test the market earlier in the cycle tend to see better outcomes.

Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. Today, Microso

Vista Equity Partners to acquire insurance software company Duck Creek for $2.6B

Private equity giant Vista Equity Partners has announced plans to take Duck Creek Technologies private in a $2.6 billion deal. Boston-based Duck Creek, a SaaS-based software provider for the property

3 ways PE firms can ensure relevant due diligence for M&A targets ahead of a recession

It's critical for due diligence providers to analyze a company's business segments and product lines to identify the range of its exposure to potential issues.

Private equity dominated the top 10 enterprise M&A deals in 2022

It was a funny year in enterprise tech M&A, one in which the majority of activity came from private equity firms: As tech stock values plunged throughout the year, these companies went bargain hun
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