M&A Deal Summary

Cima Group Acquires Knetik

On May 19, 2016, Cima Group acquired internet software and services company Knetik

Acquisition Highlights
  • This is Cima Group’s 1st transaction in the Internet Software and Services sector.
  • This is Cima Group’s 1st transaction in the United States.
  • This is Cima Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2016-05-19
Target Knetik
Sector Internet Software and Services
Buyer(s) Cima Group
Deal Type Add-on Acquisition

Target

Knetik

Altamonte Springs, Florida, United States
Knetik, Inc. is a platform as a solution (PaaS) that provides for services management of any digital experience online.

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Buyer(S) 1

Buyer

Cima Group

Miami, Florida, United States

Category Company
Founded 1981
Sector Information Technology
DESCRIPTION

Cima Group is a provider of technology and innovative services to telecommunications industry.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 2
Country (United States) 1 of 2
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-14 Cima Care Solutions

Miami, Florida, United States

Cima Care Solutions is a provider of in-home patient care and monitoring solution for the next generation of telemedicine.

Buy -