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  6. Hooch Acquires Tipsy

M&A Deal Summary

Hooch Acquires Tipsy

On August 24, 2016, Hooch acquired internet software and services company Tipsy

Acquisition Highlights
  • This is Hooch’s 2nd transaction in the Internet Software and Services sector.
  • This is Hooch’s 2nd transaction in the United States.
  • This is Hooch’s 1st transaction in Arizona.

M&A Deal Summary
Date 2016-08-24
Target Tipsy
Sector Internet Software and Services
Buyer(s) Hooch
Deal Type Add-on Acquisition

Target

Tipsy

Tempe, Arizona, United States
Tipsy LLC is a regional nightlife app that allows users to skip lines, waive cover fees and enjoy a discounted drink at participating venues.

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Buyer(S) 1

Buyer

Hooch

New York, New York, United States
Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Hooch LLC is a subscription based mobile app that allows members to enjoy a new cocktail every day. Hooch provides its members with a free daily cocktail at a number of stylish lounges and bars.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Arizona M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-22 Flux App

New York, New York, United States

Flux App LLC is an App that grants access to the hottest nightclubs, bars, lounges and sold-out concerts to users in NYC and the Hamptons, and Grotto, an on-demand happy hour App that offers users one-hour prepaid happy hour any time of the day.

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