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  5. Girnar Software Pvt. Acquires PowerDrift Studios Pvt.

M&A Deal Summary

Girnar Software Pvt. Acquires PowerDrift Studios Pvt.

On August 17, 2018, Girnar Software Pvt. acquired digital media company PowerDrift Studios Pvt.

Acquisition Highlights
  • This is Girnar Software Pvt.’s 1st transaction in the Digital Media sector.
  • This is Girnar Software Pvt.’s 7th transaction in India.

M&A Deal Summary
Date 2018-08-17
Target PowerDrift Studios Pvt.
Sector Digital Media
Buyer(s) Girnar Software Pvt.
Deal Type Add-on Acquisition

Target

PowerDrift Studios Pvt.

Pune, India
PowerDrift Studios Pvt. Ltd. is a YouTube channel for automotive content. PowerDrift Studios Pvt. Ltd. was founded in 2012 and is based in Pune, India.

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Buyer(S) 1

Buyer

Girnar Software Pvt.

Jaipur, India
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Girnar Software, owns several internet portals including Cardekho, Bikedekho and Pricedekho.

DEAL STATS #
Overall 7 of 7
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: India M&A 7 of 7
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Volob Technologies Pvt.

Noida, India

Volob Technologies Pvt. Ltd. is a provider of 3D visualisation solutions to various industries, primarily automotive.

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