M&A Deal Summary

Jungle Disk Acquires ElephantDrive

On May 23, 2022, Jungle Disk acquired internet software and services company ElephantDrive

Acquisition Highlights
  • This is Jungle Disk’s 3rd transaction in the Internet Software and Services sector.
  • This is Jungle Disk’s 3rd transaction in the United States.
  • This is Jungle Disk’s 1st transaction in California.

M&A Deal Summary
Date 2022-05-23
Target ElephantDrive
Sector Internet Software and Services
Buyer(s) Jungle Disk
Deal Type Add-on Acquisition

Target

ElephantDrive

Los Angeles, California, United States
website
ElephantDrive is a provider of cloud storage of photos, videos, and documents. ElephantDrive was founded in 2007 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Jungle Disk

San Antonio, Texas, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Jungle Disk offers cloud storage solutions that allow users to easily share an unlimited amount of cloud storage between multiple users through a secure, mountable network drive and automatic backup.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-06 TeamPassword

Baltimore, Maryland, United States

TeamPassword, Inc. is a cloud-based service to manage and share passwords via the web, desktop, laptop, mobile devices with browser extensions to allow for a seamless, one-click access to logins simplifying your daily workflow. TeamPassword is based in Baltimore, Maryland.

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