Deutsche Numis isacting as sole financialadviser to Silo AI on its $665m sale to AMD in a landmark transaction
We are acting as sole financial adviser to Silo AI on its acquisition by AMD in an all-cash transaction valued at approximately $665m. The acquisition is expected to close in the third quarter of 2024.
This is a landmark sell-side transaction for Deutsche Numis’ global private growth capital franchise, demonstrating our ability to support leading AI firms globally in the successful execution of their growth ambitions and reinforcing our deep connectivity with key strategic institutions.
Based in Helsinki, Finland, Silo AI is the largest private AI lab in Europe and specialises in end-to-end AI-driven solutions that help customers integrate AI quickly and easily into their products, services and operations. Their work spans diverse markets, with customers including Allianz, Philips, Rolls-Royce and Unilever.
The global private growth capital team has now transacted c.$2bn for private companies year-to-date, underlining our extensive track record in supporting ambitious founders throughout their life cycle across a breadth of products.
“Deutsche Numis is proud to be at the forefront of landmark transactions, supporting innovative companies and their founders in the next stage of their growth ambitions.” Alex Ham, Co-CEO of Deutsche Numis, Head of Global Private Growth Capital
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We are acting as sole financial adviser to Silo AI on its acquisition by AMD in an all-cash transaction valued at approximately $665m. The acquisition is expected to close in the third quarter of 2024.
This is a landmark sell-side transaction for Deutsche Numis’ global private growth capital franchise, demonstrating our ability to support leading AI firms globally in the successful execution of their growth ambitions and reinforcing our deep connectivity with key strategic institutions.
Based in Helsinki, Finland, Silo AI is the largest private AI lab in Europe and specialises in end-to-end AI-driven solutions that help customers integrate AI quickly and easily into their products, services and operations. Their work spans diverse markets, with customers including Allianz, Philips, Rolls-Royce and Unilever.
The global private growth capital team has now transacted c.$2bn for private companies year-to-date, underlining our extensive track record in supporting ambitious founders throughout their life cycle across a breadth of products.
Find out more about our global private growth capital offering