23 Acquisitions in the Social industry

Company acquisitions in the Social 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 23 acquisitions that took place in the Social industry.

ATTN: acquired by Candle Media

Details about the transaction:

Acquisition amount: $100,000,000

Announcement: 17 May 2022

Details about the company:

A multimedia network called ATTN aims to educate viewers on how they can change the world.

Headquarter:

Where to find them: Website

Industry: Digital Media, News, Social Media, Video

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Bebo acquired by Twitch

Details about the transaction:

Acquisition amount: $25,000,000

Announcement: 18 June 2019

Details about the company:

A social networking site is called Bebo. Members may connect with pals through the company, share images, and find new hobbies.

Headquarter:

Where to find them: Website

Industry: Internet, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Brand Embassy acquired by NICE Systems

Details about the transaction:

Acquisition amount: $33,519,591

Announcement: 16 May 2019

Details about the company:

The Omnichannel Era of Digital Transformation. Agile. Customer service that is scalable

Headquarter:

Where to find them: Website

Industry: Analytics, Brand Marketing, Customer Service, SaaS, Social Media, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Brainium Studios acquired by PLAYSTUDIOS

Details about the transaction:

Acquisition amount: $70,000,000

Announcement: 13 October 2022

Details about the company:

A Portland-based independent software publishing company, Brainium Studios. They create simple and enjoyable iPhone games.

Headquarter:

Where to find them: Website

Industry: Gaming, Social Media, Software, Video Games

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Computerlogy acquired by Yello Digital Marketing

Details about the transaction:

Acquisition amount: $1,500,000

Announcement: 17 August 2015

Details about the company:

Computerlogy has particular expertise in integrating social media networks into software development for large businesses.

Headquarter:

Where to find them: Website

Industry: Apps, Social Media, Social Media Management, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Esavvy acquired by Empired

Details about the transaction:

Acquisition amount: $2,051,946

Announcement: 19 May 2014

Details about the company:

Enterprise resource planning, customer relationship management, and content management are the main areas that Esavvy provides solutions and services for.

Headquarter:

Where to find them: Website

Industry: Financial Services, Information Technology, Small and Medium Businesses, Social CRM

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

firma acquired by MIOGROUP

Details about the transaction:

Acquisition amount: $11,583,886

Announcement: 21 June 2022

Details about the company:

A full-service agency for branding and innovation is firma.

Headquarter:

Where to find them: Website

Industry: Advertising, Communities, Marketing, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Granny GmbH acquired by Great-Granny Holding

Details about the transaction:

Acquisition amount: $1,394,290

Announcement: 1 August 2021

Details about the company:

A social media company called Granny is established in Berlin and focuses on influencer marketing and social media advertising campaigns.

Headquarter:

Where to find them: Website

Industry: Advertising, Social Media, Social Media Marketing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Kongregate acquired by Modern Times Group

Details about the transaction:

Acquisition amount: $55,000,000

Announcement: 20 June 2017

Details about the company:

Kongregate is a digital gaming platform and producer of mobile games.

Headquarter:

Where to find them: Website

Industry: Casual Games, Gaming, Internet, iOS, Mobile, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Liquidlogic acquired by System C Healthcare

Details about the transaction:

Acquisition amount: $23,353,919

Announcement: 16 June 2009

Details about the company:

A software provider called Liquidlogic offers case management IT systems for children's and adult social care.

Headquarter:

Where to find them: Website

Industry: Child Care, Computer, Information Technology, IT Management, Social, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Locu acquired by GoDaddy

Details about the transaction:

Acquisition amount: $70,000,000

Announcement: 19 August 2013

Details about the company:

Local company growth is key to Locus' goal.

Headquarter:

Where to find them: Website

Industry: Advertising, Content, Developer APIs, Local, Personalization, Restaurants, Search Engine, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

MediaSite acquired by Sonic Foundry

Details about the transaction:

Acquisition amount: $5,600,000

Announcement: 7 September 2001

Details about the company:

A video platform for companies called Mediasite offers video recording, streaming, publication, and administration.

Headquarter:

Where to find them: Website

Industry: Social Media, Video, Video Streaming

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

MUA acquired by istyle

Details about the transaction:

Acquisition amount: $9,000,000

Announcement: 5 June 2017

Details about the company:

MakeupAlley (MUA) began as a small group of passionate beauty lovers in 1999.

Headquarter:

Where to find them: Website

Industry: Beauty, Communities, Consumer Goods, E-Commerce, Information Services, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

oddity acquired by WONGDOODY

Details about the transaction:

Acquisition amount: $55,146,856

Announcement: 22 March 2022

Details about the company:

Oddity is a digital communication and commerce firm with a focus on offering solutions for the digital ecosystem.

Headquarter:

Where to find them: Website

Industry: Content Marketing, CRM, E-Commerce, Internet, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Phly acquired by dropp group | droppLabs

Details about the transaction:

Acquisition amount: $25,000,000

Announcement: 8 September 2022

Details about the company:

Flyy was developed by the Real-World Social Metaverse.

Headquarter:

Where to find them: Website

Industry: Advertising Platforms, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Podchaser acquired by Acast

Details about the transaction:

Acquisition amount: $34,000,000

Announcement: 17 July 2022

Details about the company:

The largest podcast database in the world, Podchaser powers podcaster, brand, and listener discovery.

Headquarter:

Where to find them: Website

Industry: Advertising Platforms, Analytics, Audio, Big Data, Data Visualization, Database, Internet Radio, Podcast, Search Engine, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Punch Entertainment acquired by DeNA

Details about the transaction:

Acquisition amount: $37,000,000

Announcement: 15 September 2011

Details about the company:

Punch is a cross-platform company that creates social games for smartphones, the web, and social networking platforms.

Headquarter:

Where to find them: Website

Industry: Apps, Gaming, Messaging, Mobile Apps, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Second Home acquired by Global Asset Capital

Details about the transaction:

Acquisition amount: $8,818,681

Announcement: 24 October 2022

Details about the company:

Second Home is the owner and operator of an office building for freelancers and small enterprises.

Headquarter:

Where to find them: Website

Industry: Coworking, Recreation, Social Entrepreneurship

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

SHIFT acquired by Brand Networks

Details about the transaction:

Acquisition amount: $50,000,000

Announcement: 14 May 2015

Details about the company:

For companies and agencies, SHIFT is a top cross-network social advertising platform.

Headquarter:

Where to find them: Website

Industry: Advertising, Advertising Platforms, Analytics, Apps, Real Time, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

StepOut acquired by Massive Media

Details about the transaction:

Acquisition amount: $25,000,000

Announcement: 1 September 2013

Details about the company:

Indians may connect and engage with individuals in their area via the social networking site Stepout.

Headquarter:

Where to find them: Website

Industry: Apps, Finance, Search Engine, Social Media, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

SugarBox acquired by Zee Entertainment Enterprises

Details about the transaction:

Acquisition amount: $11,500,000

Announcement: 15 March 2017

Details about the company:

The SugarBox local Wi-Fi network breaks customers' reliance on mobile data.

Headquarter:

Where to find them: Website

Industry: Computer, Information Technology, Infrastructure, Internet, Private Social Networking

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

The Filter acquired by 24i

Details about the transaction:

Acquisition amount: $5,200,000

Announcement: 4 April 2022

Details about the company:

For some of the biggest broadcasters and TV firms in the world, The Filter leverages data to personalize TV content discovery.

Headquarter:

Where to find them: Website

Industry: Content, Content Discovery, Digital Media, Information Technology, Music, Product Search, Social Media, TV, Video

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

VerticalNet acquired by BravoSolution

Details about the transaction:

Acquisition amount: $15,200,000

Announcement: 26 October 2007

Details about the company:

Supply management solutions are offered by VerticalNet, which assists businesses in determining ongoing value throughout the supply management process.

Headquarter:

Where to find them: Website

Industry: Advertising, Digital Marketing, E-Commerce, Internet, Internet of Things, Online Portals, Social Media

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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