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  6. Bloc Acquires Devbridge

M&A Deal Summary

Bloc Acquires Devbridge

On January 5, 2016, Bloc acquired software company Devbridge

Acquisition Highlights
  • This is Bloc’s 1st transaction in the Software sector.
  • This is Bloc’s 1st transaction in the United States.
  • This is Bloc’s 1st transaction in Illinois.
Investment Fate
  • Devbridge was sold to a strategic buyer in 2021.

M&A Deal Summary
Date 2016-01-05
Target Devbridge
Sector Software
Buyer(s) Bloc
Deal Type Add-on Acquisition

Target

Devbridge

Chicago, Illinois, United States
Devbridge is a software consultancy and product development company. Using cross-functional teams The Company brings industry expertise and takes ownership of end-to-end product development. Devbridge was founded in 2008 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Bloc

Palo Alto, California, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Bloc, Inc. is an online education company with intensive mentor-led programs for aspiring developers and designers.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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