M&A Deal Summary

Forma.ai Acquires SeaMonster

On May 23, 2024, Forma.ai acquired internet software and services company SeaMonster

Acquisition Highlights
  • This is Forma.ai’s 1st transaction in the Internet Software and Services sector.
  • This is Forma.ai’s 1st transaction in Canada.
  • This is Forma.ai’s 1st transaction in Ontario.

M&A Deal Summary

Date 2024-05-23
Target SeaMonster
Sector Internet Software and Services
Buyer(s) Forma.ai
Deal Type Add-on Acquisition

Target

SeaMonster

Toronto, Ontario, Canada
SeaMonster is a SaaS tool that supports the quick and easy implementation of the sales process and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Forma.ai

Toronto, Ontario, Canada

Category Company
Founded 2016
Sector Software
DESCRIPTION

Forma.ai sells artificial intelligence-powered sales performance management software to businesses. Forma.ai was formed in 2016 and is headquartered in Toronto, Ontario.


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: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 1 of 1