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  6. Guideposts Acquires Abide

M&A Deal Summary

Guideposts Acquires Abide

On October 25, 2021, Guideposts acquired internet software and services company Abide

Acquisition Highlights
  • This is Guideposts’ 1st transaction in the Internet Software and Services sector.
  • This is Guideposts’ 1st transaction in the United States.
  • This is Guideposts’ 1st transaction in California.

M&A Deal Summary
Date 2021-10-25
Target Abide
Sector Internet Software and Services
Buyer(s) Guideposts
Deal Type Add-on Acquisition

Target

Abide

San Mateo, California, United States
Abide is a Christian meditation and prayer app that makes stress less and sleep more. Abide is based in San Mateo, California.

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Buyer(S) 1

Buyer

Guideposts

Harlan, Iowa, United States
Category Company
Sector Consumer Services
DESCRIPTION

Guideposts is a non-profit organization that promotes faith, hope, and prayer in people’s lives. Whether through apps, communities, websites, or publications, it inspires audiences, bring them together, comfort, uplift, entertain, and guide them. Guideposts is based in Harlan, Iowa.

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: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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