M&A Deal Summary

Connected Living Acquires Tethered

On February 11, 2015, Connected Living acquired software company Tethered

Acquisition Highlights
  • This is Connected Living’s 1st transaction in the Software sector.
  • This is Connected Living’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-02-11
Target Tethered
Sector Software
Buyer(s) Connected Living
Deal Type Add-on Acquisition

Target

Tethered

United States
Tethered LLC is a mobile application development company connecting consumers to entertainment and services.

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Buyer(S) 1

Buyer

Connected Living

Quincy, Massachusetts, United States

Category Company
Founded 2007
Sector Software
DESCRIPTION

Connected Living is a technology platform that enables communication and connection for today's aging adult communities. The Connected Living program provides training, a user-friendly platform, and interactive activities and learning opportunities for residents, family members, and community staff. Its offerings include informative discussion groups, customizable computer learning classes, and award-winning social networking software designed specifically for seniors. Connected Living is committed to the idea that a “connected life” transforms the experience of aging. Connected Living was founded in 2007 and is based in Quincy, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1