M&A Deal Summary

DoubleBeam Acquires GoPago

On December 20, 2013, DoubleBeam acquired internet software and services company GoPago

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

M&A Deal Summary

Date 2013-12-20
Target GoPago
Sector Internet Software and Services
Buyer(s) DoubleBeam
Deal Type Add-on Acquisition

Target

GoPago

Pasadena, California, United States
GoPago offers both iOS and Android applications under the same name, and the apps are designed to allow you to pay ahead of time and then pick up your order, or in the case of a restaurant, wait for it to get delivered to your table.

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Buyer(S) 1

Buyer

DoubleBeam

San Marino, California, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

DoubleBeam, Inc., provides mobile solutions to help retailers improve their customer experience and save money on their cost of payments in a way that maintains their brand and relationship with their customers. By integrating with retailers' existing mobile applications and POS systems, we close the loop between retailers offers and promotions, customer purchasing behavior and preferences, and the most personalized, real-time communication method ever: the smartphone in their customers' hands. In addition to improving marketing ROI, we save retailers money on payments by offering mobile-based eChecking as an option, which is dramatically cheaper than traditional credit and debit cards.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1