2 Acquisitions in the Location Based Services industry - Flippa

Company acquisitions in the Location Based Services industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Location Based Services industry.

NetFortris acquired by Sangoma Technologies

Details about the transaction:

Acquisition amount: $80,000,000

Announcement: 29 March 2022

Details about the company:

Secure cloud-based UCaaS and managed network solutions are offered by NetFortris.

Headquarter:

Where to find them: Website

Industry: Electronics, Information Technology, Internet, Location Based Services, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Volta Data Centres acquired by Digital 9 Infrastructure

Details about the transaction:

Acquisition amount: $59,035,595

Announcement: 13 April 2022

Details about the company:

High-density, low-latency data center in the heart of London, close to Silicon Roundabout

Headquarter:

Where to find them: Website

Industry: Data Center, Location Based Services

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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