M&A Deal Summary

Tactiq Acquires Globalworx

On July 4, 2024, Tactiq acquired information technology company Globalworx

Acquisition Highlights
  • This is Tactiq’s 1st transaction in the Information Technology sector.
  • This is Tactiq’s 1st transaction in the United States.
  • This is Tactiq’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-07-04
Target Globalworx
Sector Information Technology
Buyer(s) Tactiq
Deal Type Add-on Acquisition

Target

Globalworx

Richmond, Virginia, United States
Globalworx is a communications platform for the food retail industry that offers a software solution to manage out-of-stock items and communication channels. Globalworx is based in Richmond, Virginia.

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Buyer(S) 1

Buyer

Tactiq

Richmond, Virginia, United States

Category Company
Sector Software
DESCRIPTION

Tactiq is a SaaS company using a technology suite to serve retailers, manufacturers, and distributors to communicate about DSD products, increase sales, and streamline supply chains. It offers a retailer-focused, out-of-stock communications solution, called Pipeline, and Invoi, a platform that helps manufacturers manage authorized pricing and effectively bill retailers. Tactiq is based in Richmond, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1