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Deus X Capital backed Solstice Labs completes acquisition of assets from Bridgetower Capital GmbH to establish Solstice Staking AG

Dec 11, 2024about 1 year ago

Acquiring Company

Solstice Labs

Acquired Company

Bridgetower Capital GmbH

ZugSwitzerlandFinancial ServicesRenewable EnergyEnergy

Description

Solstice Labs, backed by Deus X Capital, announced the acquisition of assets from Bridgetower Capital GmbH to form Solstice Staking AG, a Swiss public limited company. This acquisition enables Solstice Staking AG to provide on-premises and banking-grade staking infrastructure for institutional clients running on fully renewable energy, alongside key distribution partnerships with other institutions.

Company Information

Company

Solstice Labs

Location

Zug, Switzerland

About

Solstice Labs is an institutional DeFi business backed by investment and operating company Deus X Capital. It is committed to connecting institutional liquidity and DeFi markets through a broad range of democratized solutions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed