M&A Deal Summary

Monument Acquires Tempest

On May 11, 2022, Monument acquired consumer services company Tempest

Acquisition Highlights
  • This is Monument’s 1st transaction in the Consumer Services sector.
  • This is Monument’s 1st transaction in the United States.
  • This is Monument’s 1st transaction in New York.

M&A Deal Summary

Date 2022-05-11
Target Tempest
Sector Consumer Services
Buyer(s) Monument
Deal Type Add-on Acquisition

Target

Tempest

New York, New York, United States
website
Tempest is a pioneering digital alcohol recovery program. Tempest is clinically proven to help quit or curb drinking.

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Buyer(S) 1

Buyer

Monument

New York, New York, United States

website


Category Company
Sector Consumer Services
DESCRIPTION

Monument is an alcohol treatment platform for anyone looking to cut back on drinking or stop altogether. Monument community members get access to an anonymous 24/7 forum to share updates throughout their journey, and free virtual support groups on topics related to alcohol dependence, moderated by a licensed therapist.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1