M&A Deal Summary

Frontera Group Acquires IntelliMedia Networks

On April 29, 2022, Frontera Group acquired software company IntelliMedia Networks

Acquisition Highlights
  • This is Frontera Group’s 1st transaction in the Software sector.
  • This is Frontera Group’s 1st transaction in the United States.
  • This is Frontera Group’s 1st transaction in Virginia.

M&A Deal Summary

Date 2022-04-29
Target IntelliMedia Networks
Sector Software
Buyer(s) Frontera Group
Deal Type Add-on Acquisition

Target

IntelliMedia Networks

Leesburg, Virginia, United States
IntelliMedia Networks is a software company specializing in developing cloud-based scalable platforms to distribute content. IntelliMedia Networks is based in Leesburg, Virginia.

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Buyer(S) 1

Buyer

Frontera Group

Carson City, Nevada, United States

Category Company
Founded 2013
Sector Business Services
Employees3
DESCRIPTION

Frontera Group is a strategic acquirer of intellectual property and revenue-generating companies in the technology and human capital markets. It is developing and executing an aggressive, four-tier acquisition and implementation strategy intended to provide substantial increases in profitability to its acquisitions in industries that possess traditionally low and stagnant EBITDA multiples. Frontera Group was founded in 2013 and is based in Carson City, Nevada.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1