M&A Deal Summary

Digital Turbine Acquires Logia Group

On August 14, 2012, Digital Turbine acquired communications company Logia Group from Goldrock Capital

Acquisition Highlights
  • This is Digital Turbine’s 1st transaction in the Communications sector.
  • This is Digital Turbine’s 1st transaction in Israel.

M&A Deal Summary

Date 2012-08-14
Target Logia Group
Sector Communications
Buyer(s) Digital Turbine
Sellers(s) Goldrock Capital
Deal Type Add-on Acquisition

Target

Logia Group

Herzliya Pituach, Israel
Logia Group Group operates in the market for mobile content and provides services, applications, and content to more than 30 leading mobile operators around the world. Logia offers end-to-end management of value-added services for mobile operators & large brands. Logia is based in Herzeliya, Israel.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Digital Turbine

Austin, Texas, United States

Category Company
Sector Software
Employees754
Revenue 544M USD (2024)
DESCRIPTION

Digital Turbine is a provider of software mobile solutions for wireless carriers. The company's products include mobile application management through DT Ignite, user experience and discovery through DT IQ, application stores and content through DT Marketplace, and content management and mobile payments through DT Pay. Digital Turbine is based in Austin, Texas.


DEAL STATS #
Overall 1 of 6
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Israel M&A 1 of 2
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-13 Appia

Durham, North Carolina, United States

Appia, Inc. is a provider of cross platform, open app store and content marketplace with a catalog of more than 140,000 paid and free titles and relationships with more than 32,000 developers.

Buy -

Seller(S) 1

SELLER

Goldrock Capital

Modiin, Israel

Investor Investor Investor


Category Family Office
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

Goldrock Capital is an Israeli private equity firm focused on investing in growth stage businesses with at least $5 million in revenue. Goldrock looks to invest $1 to $5 million to fund growth capital needs, spin-outs, shareholder liquidity, acquisition financings, and management buyouts. The Firm generally targets businesses which are not capital intensive with differentiated products/services. Target sectors include software/services, internet and digital media, communications/mobile, and industrials. Goldrock was formed in 1999 and is based in Modiin.


DEAL STATS #
Overall 9 of 12
Sector: Communications M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Israel M&A 5 of 6
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-21 IDIT Technologies

Beit Dagan, Israel

IDIT Technologies Ltd. is a provider of enterprise software solutions for the general insurance market. The company’s solutions are based on IDIT™ Software Suite – an enterprise software suite which integrates the business capabilities essential for any general insurance provider.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 ClickTale

Ramat-Gan, Israel

ClickTale Ltd. is a provider of customer experience analytics solutions. Clicktale marries cognitive computing, machine learning and psychological research to automatically surface issues and answer questions that keep executives up at night. ClickTale Ltd. was formed in 2006 and is based in Ramat-Gan, Israel.

Buy -