M&A March

According to Oleg Stadnik, Head of Investment Banking Department of Capital Times, in March, 245 M&A deals were announced in the IT segment globally, 7% of which took place in the Central and Eastern European region.

In particular, seriesOne, the US-based FinTech company and a leading global digital security fundraising platform, announced the acquisition of Dynamo Development, a custom software development company with a mature engineering team based in Ukraine.

The acquisition allows seriesOne to expand and strengthen its in-house technology development capabilities, accelerate the delivery of solutions for issuers, and react to market demand with the support of additional 40 engineers.