Paribu Acquires CoinMENA for Up to $240 Million

Coinbase Global Acquires Deribit

May 8, 2025

Financial Services

Coinbase Global, Inc. agreed to acquire Deribit, the leading crypto options exchange, in a transaction valued at approximately $2.9 billion (comprised of $700 million cash and 11 million shares). The acquisition strengthens Coinbase’s global derivatives offering by adding Deribit’s high-volume options platform and institutional client base, and is expected to be accretive to Adjusted EBITDA upon close.

Coinbase Acquires BUX's Cyprus Unit (BUX Europe Limited)

January 5, 2025

Financial Services

Coinbase has acquired BUX's Cyprus unit, BUX Europe Limited, and rebranded it as Coinbase Financial Services Europe. The deal secures a Cyprus Investment Firm (CIF) licence allowing Coinbase to offer contracts for differences (CFDs) and passport services across EEA member states, supporting its European expansion and MiCA compliance.

Mysten Labs Acquires Parasol

March 7, 2025

Cloud & SaaS

Mysten Labs has acquired Parasol, a small Web3 gaming infrastructure startup that provides REST APIs and developer tools to integrate blockchain features into games. The acquisition brings Parasol's gaming partners and technology onto the Sui ecosystem to accelerate Web3 gaming development and on-chain gameplay.

Arcapita and Dgpays Acquire Majority Stake in NEOPAY from Mashreq

September 23, 2024

Payments & Fintech

Arcapita and Dgpays (in equal partnership) have agreed to acquire a majority stake in NEOPAY, the UAE-based payment solutions provider, from Mashreq, which will retain a significant minority interest. The deal implies an approximate enterprise value of $385 million and is subject to regulatory approvals; the consortium will support NEOPAY's regional expansion and technology integration.

Piper Sandler Acquires MENA Growth Partners

January 19, 2026

Financial Services

Piper Sandler Companies has completed its acquisition of MENA Growth Partners, a merchant bank headquartered in Abu Dhabi, positioning the firm as Piper Sandler's investment banking hub in the GCC. The deal strengthens Piper Sandler's local presence and builds its capabilities in equity capital markets, private capital advisory and regional coverage across energy, infrastructure, healthcare and technology.

Mubadala Capital Acquires CI Financial in C$12.1B Take-Private

August 13, 2025

Financial Services

Mubadala Capital, through its investment vehicle MC Accelerate Co‑Invest LP, completed a take‑private acquisition of CI Financial Corp. for C$32.00 per share, in a transaction implying an enterprise value of approximately C$12.1 billion. CI will remain headquartered in Toronto and operate under its existing management and brands while gaining access to Mubadala Capital's global network and capital to accelerate its private wealth and U.S. expansion.