M&A Deal Summary

Broadside Enterprises Acquires Potential Engine

On January 16, 2024, Broadside Enterprises acquired internet software and services company Potential Engine

Acquisition Highlights
  • This is Broadside Enterprises’ 1st transaction in the Internet Software and Services sector.
  • This is Broadside Enterprises’ 2nd transaction in the United States.
  • This is Broadside Enterprises’ 2nd transaction in California.

M&A Deal Summary

Date 2024-01-16
Target Potential Engine
Sector Internet Software and Services
Buyer(s) Broadside Enterprises
Deal Type Add-on Acquisition

Target

Potential Engine

Los Angeles, California, United States
Potential Engine is a digital food service platform. Potential Engine is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Broadside Enterprises

West Hollywood, California, United States

Category Company
Founded 1996
Sector Diversified
DESCRIPTION

Broadside Enterprises is an operator of a fast-growing modern company with four divisions: Media, Branded Goods, Real Estate, and Blockchain Technologies. Broadside Enterprises focused on high-potential media and fashion properties, especially concerning global direct-to-consumer connections. Broadside Enterprises' real estate endeavors are broad in scope and include a focus on Africa and the Middle East. Broadside Enterprises was founded in 1996 and is based in West Hollywood, California.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 MonteCristo International Entertainment

Los Angeles, California, United States

MonteCristo International Entertainment LLC is an operator of a boutique film sales with a library of over 100 feature films, and attends major and specialty film markets throughout the year, including the Berlin Film Festival, the Marché du Film, and MipCom in Cannes and the American Film Market in Los Angeles. MonteCristo International Entertainment was founded in 2005 and is based in Los Angeles, California.

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