M&A Deal Summary

Bluedrop Performance Learning Acquires SnipSnap App

On January 29, 2015, Bluedrop Performance Learning acquired software company SnipSnap App for 7M USD

Acquisition Highlights
  • This is Bluedrop Performance Learning’s 3rd transaction in the Software sector.
  • This is Bluedrop Performance Learning’s largest (disclosed) transaction.
  • This is Bluedrop Performance Learning’s 3rd transaction in the United States.
  • This is Bluedrop Performance Learning’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2015-01-29
Target SnipSnap App
Sector Software
Buyer(s) Bluedrop Performance Learning
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

SnipSnap App

Haddonfield, New Jersey, United States
SnipSnap is a mobile coupon app to allow users to scan and redeem any printed coupon on their smartphone.

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Buyer(S) 1

Buyer

Bluedrop Performance Learning

St. John's, Newfoundland, Canada
Category Company
Founded 1992
Sector Software
Revenue 20M CAD (2018)
DESCRIPTION

Bluedrop Performance Learning is a provider of advanced visual search software that allows consumers to purchase products at the moment they discover them – in the real world and online. Bluedrop Performance Learning was founded in 1992 and is based in St. John's, Canada.

DEAL STATS #
Overall 3 of 3
Sector (Software) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (New Jersey) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 Drivetrain Agency

Minneapolis, Minnesota, United States

Drivetrain Agency LLC is a mobile development agency that builds customized apps for enterprise and consumer brands.

Buy $4M
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