By Sabela Ojea
ACQUIRER: Hyve Group PLC, the U.K. events company.
TARGET: Fintech Meetup, LLC, a U.S. virtual meetings event company.
PRICE: Hyve will pay an initial consideration of $5 million and an additional consideration of up to $50 million payable in 2024 and 2025.
STATUS: Closed.
RATIONALE: The acquisition provides the London-listed company with an opportunity to create the largest virtual and in-person meetings program for the fintech sector, it said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
