M&A Deal Summary

Hivebrite Acquires Orbiit

On July 9, 2024, Hivebrite acquired internet software and services company Orbiit

Acquisition Highlights
  • This is Hivebrite’s 1st transaction in the Internet Software and Services sector.
  • This is Hivebrite’s 1st transaction in the United States.
  • This is Hivebrite’s 1st transaction in New York.

M&A Deal Summary

Date 2024-07-09
Target Orbiit
Sector Internet Software and Services
Buyer(s) Hivebrite
Deal Type Add-on Acquisition

Target

Orbiit

2018, New York, United States
Orbiit is an AI-powered matching company that powers curated 1:1 community connections at scale. Its technology enables members to opt into regular, topic-based 1:1 virtual connections and handles all comms, matching, scheduling, feedback collection, and analytics. Orbiit was founded in 2018 and is based in New York, New York.

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Buyer(S) 1

Buyer

Hivebrite

Paris, France

Category Company
Founded 2015
Sector Software
DESCRIPTION

Hivebrite is an all-in-one community management and engagement platform that helps organizations build, manage, and engage their communities. Hivebrite offers a wide range of tools and features designed to enhance community interaction and foster meaningful connections. Hivebrite is based in Paris, France.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1