M&A Deal Summary

Fama Acquires Social Intelligence

On April 18, 2023, Fama acquired information technology company Social Intelligence

Acquisition Highlights
  • This is Fama’s 1st transaction in the Information Technology sector.
  • This is Fama’s 1st transaction in the United States.
  • This is Fama’s 1st transaction in California.

M&A Deal Summary

Date 2023-04-18
Target Social Intelligence
Sector Information Technology
Buyer(s) Fama
Deal Type Add-on Acquisition

Target

Social Intelligence

Santa Barbara, California, United States
Social Intelligence provides scalable solutions for one-time or continuous search and analysis of web and social data to identify actionable employment insights and help companies leverage online data in their employment decisions. Social Intelligence was founded in 2010 and is based in Santa Barbara, California.

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Buyer(S) 1

Buyer

Fama

Los Angeles, California, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Fama provides online screening that makes hiring great people easy. Combining Fama’s groundbreaking AI technology and ability to integrate across the HR Tech stack, the solution compliantly searches 10,000 online public sources to help companies avoid workplace misconduct, prevent costly legal action and ultimately, make better decisions. Fama was founded in 2015 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2023 M&A 1 of 1