M&A Deal Summary

Prospero Technologies Acquires PeopleLink

On January 1, 2004, Prospero Technologies acquired internet software and services company PeopleLink

Acquisition Highlights
  • This is Prospero Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Prospero Technologies’ 1st transaction in the United States.
  • This is Prospero Technologies’ 1st transaction in California.
Investment Fate
  • PeopleLink was sold to a publicly-traded strategic buyer in 2011.
  • PeopleLink was sold to a strategic buyer in 2011.

M&A Deal Summary

Date 2004-01-01
Target PeopleLink
Sector Internet Software and Services
Buyer(s) Prospero Technologies
Deal Type Add-on Acquisition

Target

PeopleLink

Los Angeles, California, United States
PeopleLink, a longstanding provider of online community services.

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Buyer(S) 1

Buyer

Prospero Technologies

Littleton, Massachusetts, United States

Category Company
Founded 1977
Sector Internet Software and Services
DESCRIPTION

ProsperoTechnologies is the leading provider of community content management solutions for the online publishing industry.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 PeopleLink

Los Angeles, California, United States

PeopleLink, a longstanding provider of online community services.

Sell -