M&A Deal Summary

IMImobile Acquires Sumotext

On November 1, 2017, IMImobile acquired software company Sumotext

Acquisition Highlights
  • This is IMImobile’s 1st transaction in the Software sector.
  • This is IMImobile’s 1st transaction in the United States.
  • This is IMImobile’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2017-11-01
Target Sumotext
Sector Software
Buyer(s) IMImobile
Deal Type Add-on Acquisition

Target

Sumotext

Little Rock, Arkansas, United States
Sumotext Corp. is a provider of messaging solutions in the US. Sumotext helps brands, agencies and non-profit organisations communicate and complete commercial transactions with mobile audiences via SMS and MMS.

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Buyer(S) 1

Buyer

IMImobile

London, United Kingdom
Category Company
Founded 1999
Sector Software
Revenue 171M GBP (2020)
DESCRIPTION

IMImobile is a technology company providing software and services to businesses that capitalize on the growth in mobile communication. Its services, delivered in over 60 countries in Europe, the Americas, MEA, and India, help its clients to engage and transact with their customers more efficiently through smarter mobile engagement. IMImobile was founded in 1999 and is based in London, United Kingdom.

DEAL STATS #
Overall 5 of 8
Sector (Software) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Arkansas) 1 of 1
Country (United States) 1 of 2
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-27 Infracast

Theale, Reading, United Kingdom

Infracast Ltd. is a provider of multi-channel messaging applications and middleware. Infracast has helped hundreds of organisations of all sizes from SMEs to global financial institutions maximise the value from their communications strategy. Company service portfolio spans the value-chain from assistance with shaping your communications strategy through service build and integration through to secure hosting and data analytics.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-07 Healthcare Communications UK

Cheshire, United Kingdom

Healthcare Communications UK Ltd. is a provider of patient communication services in the UK healthcare market – working with 140 NHS organisations and delivering more than 100 million secure patient communications a year, including outpatient appointment reminders and follow-up letters. It provides communications services to patients via SMS, IVM, telephone and email through its internally developed ‘Envoy’ software platform as well as providing postal and portal communication channels. Its innovative services are proven to save the NHS time and money to improve the patient experience.

Buy £15M
Mergr

Product

Company

Legal