Go to deals
Financial Services | TMT

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.

Service
Corporate finance services
Parties

Talk to the deal team

 Thomas  Jungreithmeir

Thomas Jungreithmeir

Managing Partner

Vienna, Austria
Oaklins Austria

Related deals

Mobile Vikings has been acquired by Proximus
TMT

Mobile Vikings has been acquired by Proximus

DPG Media NV has sold Mobile Vikings to Proximus. The transaction is still pending Belgian Competition Authority clearance.

Learn more
E&E News has been acquired by POLITICO
TMT

E&E News has been acquired by POLITICO

E&E News, the essential news source on energy and the environment, has been acquired by POLITICO, the dominant source of news on politics and policy for a global citizenry. The deal will substantially expand POLITICO’s footprint in the energy news space and is part of a bigger move to grow its professional news business. E&E News has some 65 reporters in nine offices around the country, adding to POLITICO’s existing 17 editorial staffers focused on energy and environmental news.

Learn more
Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners
Private Equity | Business Support Services | Financial Services

Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners

The shareholders of Coastal Insurance Underwriters have sold the firm to Constellation Affiliated Partners.

Learn more