M&A Deal Summary

IBID Group Acquires Pragmatic Solutions

On February 6, 2017, private equity firm IBID Group acquired digital media company Pragmatic Solutions

Acquisition Highlights
  • This is IBID Group’s 2nd transaction in the Digital Media sector.
  • This is IBID Group’s 2nd transaction in Malta.

M&A Deal Summary

Date 2017-02-06
Target Pragmatic Solutions
Sector Digital Media
Buyer(s) IBID Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Pragmatic Solutions

Valletta, Malta
Pragmatic Solutions is an API-based integrated customer relationship management and content management system that provides gaming, entertainment and financial services operators with a one-stop solution for digital growth. Pragmatic Solutions is based in Valletta, Malta.

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Buyer(S) 1

DESCRIPTION

IBID Group acquires and manages internet based companies with long term growth potential. IBID looks to work closely with portfolio to reduce costs, help with strategy, and improve operations. IBID Group has offices in Hong Kong and London.


DEAL STATS #
Overall 3 of 3
Sector: Digital Media M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 3
Country: Malta M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Dalberry Technologies

Bucharest, Romania

Dalberry Technologies is an all-in-one technology provider for secure online payments. Dalberry is a high growth online payments provider which launched last year with a mission to fix the broken journey for merchants experiencing frustration with existing clumsy and bureaucratic systems. Dalberry Technologies is based in Bucharest, Romania.

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