BTC Management GmbH has completed a company valuation in the course of a fundraising process
The shareholders of BTC Management GmbH have completed a company valuation in the course of a fundraising process.
BTC Management is an Austrian start-up company specialized in Bitcoin management. It was established in November 2017 after a long planning phase in coordination with the responsible authorities. BTC Management operates fully automated ATMs: as soon as the payment is confirmed by the machine, bitcoins are sent automatically. The company offers its customers the best and quickest service and provides solely two-way-machines, which means they can buy and sell bitcoins.
Oaklins' team in Austria advised BTC on their planned financing of US$25 million for the company’s expansion in neighboring countries. The team prepared the business plan and executed the valuation and financing memorandum. The valuation and a multiple approach calculation were the base for further negotiation with a potential investor.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn moreBanco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.
Learn more