The two main crowd-equity fundraising platforms in the UK, Crowdcube and Seedrs, have agreed terms on a long-rumored merger, thus creating one of the world’s largest private equity marketplaces. The value of the merged company is $140m. The merger is being structured as an acquisition by Crowdcube of all of the outstanding share capital of Seedrs, via scheme of arrangement. Existing Crowdcube shareholders and option holders will own 60% of the combined company, and existing Seedrs shareholders and option holders will own 40% of the combined company. According to a…
