Add-on Acquisition • Staffing

GO-JEK Acquires AirCTO

On June 12, 2019, GO-JEK acquired staffing company AirCTO

Acquisition Context

This is GO-JEK’s 1st transaction in the Staffing sector.
This is GO-JEK’s 5th transaction in India.

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M&A Deal Summary
Date	June 12, 2019
Target	AirCTO
Sector	Staffing
Buyer(s)	GO-JEK
Deal Type	Add-on Acquisition

Target Company

AirCTO

Bengaluru, India

LaunchYard Technologies Pvt. Ltd. is an Artificial Intelligence recruitment platform. LaunchYard Technologies Pvt. Ltd. was founded in 2016 and is based in Bengaluru, India.

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Buyer Overview 1

Buyer

GO-JEK

Jakarta, Indonesia

Category	Company
Founded	2010
Sector	Internet Software and Services

DESCRIPTION

GO-JEK is a mobile application-based platform in Indonesia that provides a range of services such as ride-hailing, food delivery, lifestyle services, and mobile payments. GO-JEK was founded in 2010 and is based in Jakarta, Indonesia.

Deal Context for Buyer	#
Overall	10 of 10
Sector: Staffing	1 of 1
Type: Add-on Acquisition	10 of 10
Country: India	5 of 5
Year: 2019	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-12-15	Mapan Jakarta, Indonesia Mapan is a saving and lending network that offers goods and services for lower-income communities. Mapan was established in 2009 and is based in Jakarta, Indonesia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-12-15

Mapan

Jakarta, Indonesia

Mapan is a saving and lending network that offers goods and services for lower-income communities. Mapan was established in 2009 and is based in Jakarta, Indonesia.

Buy

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