M&A Deal Summary

OV Loop Acquires Cultos

On April 18, 2024, OV Loop acquired internet software and services company Cultos

Acquisition Highlights
  • This is OV Loop’s 1st transaction in the Internet Software and Services sector.
  • This is OV Loop’s 1st transaction in Canada.
  • This is OV Loop’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-04-18
Target Cultos
Sector Internet Software and Services
Buyer(s) OV Loop
Deal Type Add-on Acquisition

Target

Cultos

Toronto, Ontario, Canada
website
Cultos is a Web3 rewards application that enhances loyalty and engagement. Cultos is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

OV Loop

Woburn, Massachusetts, United States

website


Category Company
Sector Internet Software and Services
DESCRIPTION

OV Loop is a cross-platform tap & pay wallet/super-app and omnichannel commerce platform for people, merchants, and brands. OV Loop is based in Woburn, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1