M&A Deal Summary

beaconsmind Acquires Socialwave

On March 31, 2023, beaconsmind acquired communications company Socialwave for 10M USD

Acquisition Highlights
  • This is beaconsmind’s 2nd transaction in the Communications sector.
  • This is beaconsmind’s largest (disclosed) transaction.
  • This is beaconsmind’s 3rd transaction in Germany.

M&A Deal Summary
Date 2023-03-31
Target Socialwave
Sector Communications
Buyer(s) beaconsmind
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Socialwave

Munich, Germany
Socialwave is a fully automated location-based marketing service provider offering guest Wi-Fi as well as additional online (Bluetooth) and offline (NFC, QR-codes) technologies collecting guest data for efficient review collections, marketing campaigns, recommendation marketing, and customer analytics. Socialwave is based in Munich, Germany.

Search 198,339 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

beaconsmind

Stäfa, Switzerland
Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

beaconsmind is a provider of location-based marketing (LBM) software for retail chains. By fitting stores with Bluetooth beacons that precisely locate and identify customers, and by integrating its Software Suite, the company opens a brand-new channel for retailers to interact with their customers. beaconsmind was formed in 2015 and is based in Stäfa, Switzerland

DEAL STATS #
Overall 3 of 3
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Germany) 3 of 3
Year (2023) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-23 netopTV

Hannover, Germany

netopTV is a provider of in-house Digital Subscriber Line (DSL) solutions and a developer of comprehensive solutions for different industries. Netopsie DSL offers a streamlined and efficient solution for building networks and delivering internet access and additional services to every location without the need for additional cabling. netopTV is based in Hannover, Germany.

Buy -
Mergr

Product

Company

Legal