Dancerace plc.
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Dancerace plc. - overview
Established
1992
Location
Bath, -, UK
Primary Industry
Financial Services
About
Established in 1992 and based in Bath, UK, Dancerace plc. operates as a provider of cloud-based financial software that facilitates lender and borrower transactions. In July 2021, Newable acquired a 74% majority stake in Dancerace plc. Some of the firm’s customers include Westpac, Bibby, Secure Trust, Scania, Coface, etc.
Dancerace provides an integrated operating system for invoice finance and asset-based lending (ABL), enabling banks and lenders to manage a diverse range of lending products, including invoice discounting, factoring, and trade finance. The platform supports customizable workflows through its open API, allowing integration with banking, accounting, and insurance systems. Additionally, Dancerace offers cloud-hosted solutions for enhanced borrower experiences and streamlined lending operations.
Current Investors
Newable
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Application Integration Software, Accounting/Finance Software
Website
www.dancerace.com
Verticals
Cloud Computing, FinTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Dancerace plc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Dancerace plc. | - | ||||||||
| Buyout | Completed | Dancerace plc. | - |
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