Argo Blockchain has completed a fundraise
Argo Blockchain has raised funds to purchase more mining rigs and accelerate growth.
Argo is a publicly traded blockchain technology company focused on large-scale cryptocurrency mining. The firm supports continued growth, innovation and function of the world’s top blockchain networks.
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as advisor and broker to Argo Blockchain, raising close to US$28m of the overall fundraise from a number of UK institutional funds. The team led the fundraise and coordinated the deal with two other brokers. finnCap’s book was significantly oversubscribed, which assisted in securing a successful placing price which the market and company were both happy with.
Talk to the deal team
Tet has acquired Telia Latvija from Telia Company
Tet, the leading technology and entertainment operator in Latvia, has acquired Telia Latvija – a B2B telecom services provider – from Telia Company in a competitive auction process. The sale price corresponds to an enterprise value of US$11.5 million on a cash and debt free basis, representing a FY 2021 EV/EBITDA multiple of 10.0x.Learn more
Skelia SARL has been sold to Nortal AS
Skelia SARL has been acquired by Nortal AS. Following the acquisition, Skelia’s strong presence in Ukraine and Poland will provide Nortal with a solid platform for growth. Together, the parties will be able to expand their business across geographies and time zones, sharpening their customer offering and creating additional opportunities for their global employee pool.Learn more
Critical Mention has been acquired by Onclusive
Critical Mention, a leader in media monitoring, will become part of Onclusive, a newly formed global partner for PR and communications success. The move combines Critical Mention’s media monitoring and media contact database tools with Onclusive’s suite of market-leading global media monitoring, measurement and management solutions.Learn more