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M&A Deal Summary

GO-JEK Acquires PT Midtrans

On December 15, 2017, GO-JEK acquired internet software and services company PT Midtrans

Acquisition Highlights
  • This is GO-JEK’s 7th transaction in the Internet Software and Services sector.
  • This is GO-JEK’s 5th transaction in Indonesia.

M&A Deal Summary
Date 2017-12-15
Target PT Midtrans
Sector Internet Software and Services
Buyer(s) GO-JEK
Deal Type Add-on Acquisition

Target

PT Midtrans

Jakarta, Indonesia
PT Midtrans is an online payment gateway that allows e-commerce merchants to accept debit and credit card payments. PT Midtrans was established in 2011 and is based in Jakarta, Indonesia.

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Buyer(S) 1

Buyer

GO-JEK

Jakarta, Indonesia
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

GO-JEK is a mobile application-based platform in Indonesia that provides a range of services such as ride-hailing, food delivery, lifestyle services, and mobile payments. GO-JEK was founded in 2010 and is based in Jakarta, Indonesia.

DEAL STATS #
Overall 9 of 10
Sector: Internet Software and Services M&A 7 of 7
Type: Add-on Acquisition M&A Deals 9 of 10
Country: Indonesia M&A 5 of 5
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-15 Mapan

Jakarta, Indonesia

Mapan is a saving and lending network that offers goods and services for lower-income communities. Mapan was established in 2009 and is based in Jakarta, Indonesia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 AirCTO

Bengaluru, India

LaunchYard Technologies Pvt. Ltd. is an Artificial Intelligence recruitment platform. LaunchYard Technologies Pvt. Ltd. was founded in 2016 and is based in Bengaluru, India.

Buy -
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