M&A Deal Summary

Astute Solutions Acquires Socialbakers a.s.

On September 9, 2020, Astute Solutions acquired internet software and services company Socialbakers a.s.

Acquisition Highlights
  • This is Astute Solutions’ 2nd transaction in the Internet Software and Services sector.
  • This is Astute Solutions’ 1st transaction in Czech Republic.

M&A Deal Summary
Date 2020-09-09
Target Socialbakers a.s.
Sector Internet Software and Services
Buyer(s) Astute Solutions
Deal Type Add-on Acquisition

Target

Socialbakers a.s.

Prague, Czech Republic
website
Socialbakers a.s. is a provider of tool for social media network statistics and analysis. Socialbakers’ AI-powered social media marketing suite helps brands large and small ensure their investment in social media is delivering measurable business outcomes. Socialbakers was established in 2008 and is based in Prague, Czech Republic.

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Buyer(S) 1

Buyer

Astute Solutions

Columbus, Ohio, United States

website

Category Company
Founded 1995
Sector Software
DESCRIPTION

Astute Solutions is a provider of AI-driven customer engagement, digital self-service, and first-party consumer data management software. Astute’s technology enables companies to provide more efficient customer service, protect their brands, and increase customer loyalty. Astute Solutions was founded in 1995 and is based in Columbus, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Czech Republic) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 iPerceptions

Montreal, Quebec, Canada

iPerceptions helps the leading brands measure and elevate the Customer Experience (CX) at every touchpoint across the entire customer journey. iPerceptions combines a powerful SaaS platform, easy-to-deploy and secure feedback collection technology, closed-loop feedback features, and extensive industry expertise to transform Voice of the Customer (VoC) into actionable insights that drive business results. iPerceptions offers a full range of tailored solutions supported by experts who have managed 1000s of customer feedback programs for Fortune 500 brands in the Automotive, Retail, Hospitality, Healthcare, Finance, Education, and Telecommunications sectors. iPerceptions was formed in 1999 and is based in Montreal, Quebec.

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