Synapse Completes Clearview Acquisition to Double Share Price

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Following an extensive period of due diligence, Synapse has finalised its acquisition of Clearview, creating significant shareholder value for early investors.

The transaction has quadrupled customer numbers for Synapse, which is now preparing for a new founding round at a pre-money valuation circa £7m.

This revised valuation would signal a 100% uplift in the share price for investors in the company’s most recent funding round.

The increased 60+ customer base has provided Synapse with more than 80 live, long-term SaaS (subscription) contracts, which Founder and CEO Brian Donnelly believes will make the business, extremely attractive to senior round institutional investors.

Already Shadow Foundr has seen strong institutional interest for Synapse’s upcoming round, following the acquisition of Clearview and the subsequent increases in customers, contracts and recurring revenue.

Synapse Management has indicated the company will now focus its increasingly industrialised sales processes to reach new customers in the United States’ East-Coast and Asia.

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