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Hyve Group Buys US Virtual Events Group Fintech Meetup — Deal Digest

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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

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