Internet Software And ServicesCompany
Formative Ownership
Who owns Formative?
Formative is owned by Newsela. It was acquired on June 27, 2023.
Was Formative formerly PE-backed?
Yes. Formative was formerly owned by 1 private investor.
Formative Business Overview
Where is Formative headquartered?
Formative is headquartered in Santa Monica, California.
What sector is Formative in?
Formative is an internet software and services company.
When was Formative founded?
Formative was founded in 2013.
Internet Software And Services M&A Summary in 2023
Out of 60 sectors in the Mergr database, internet software and services ranked 4 in number of deals in 2023. The largest internet software and services acquisition in 2023 was Qualtrics International - which was acquired by Silver Lake for $12.5B.
Join Mergr to view all 413 acquisitions of internet software and services companies in 2023, including 37 acquisitions by private equity firms, and 376 by strategics.