M&A Deal Summary

Ingenio Acquires Kasamba

On March 23, 2023, Ingenio acquired internet software and services company Kasamba from LivePerson

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

M&A Deal Summary

Date 2023-03-23
Target Kasamba
Sector Internet Software and Services
Buyer(s) Ingenio
Sellers(s) LivePerson
Deal Type Divestiture

Target

Kasamba

New York, New York, United States
Kasamba is a provider of online expert advice, with thousands of registered experts and hundreds of thousands of monthly site visitors. Kasamba was founded in 1999 and is based in New York City.

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Buyer(S) 1

Buyer

Ingenio

San Francisco, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Ingenio is a peer-to-peer e-commerce marketplace, connecting customers and advisors through its proprietary web and telephony technology platform. Ingenio was founded in 1999 and is based in San Francisco, California.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 2 of 3
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 adviqo

Berlin, Germany

adviqo is an online personal coaching and astrology. adviqo’s mission is to provide person-to-person advice and inspiring content to anyone searching for self-care, personal growth and clarity. Its portfolio includes websites and apps, streaming media and podcasts, content-based online offerings, TV and magazines. adviqo operates leading brands including Questico, The Circle, Kang, Horoskop.de, viversum and Zodiac Touch. adviqo was founded in 2000 and is based in Berlin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-29 Simple Habit

San Francisco, California, United States

Simple Habit offers a wide range of audio wellness and meditation titles that guide consumers to stress less, achieve more, and live better. The app's extensive library of 4,200 audio sessions is designed and produced in collaboration with leading experts across a variety of wellness categories. Each 5-20 minute audio session is designed for healthy habit formation supporting a balanced lifestyle. Simple Habit was formed in 2016 and is based in San Francisco, California.

Buy -

Seller(S) 1

SELLER

LivePerson

New York, New York, United States

Category Company
Founded 1995
Sector Internet Software and Services
Employees928
Revenue 312M USD (2024)
DESCRIPTION

LivePerson is a cloud-based platform that enables businesses to proactively connect in real-time with their customers via chat, voice, and content delivery at the right time, through the right channel, including websites, social media, and mobile devices. LivePerson was founded in 1995 and is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 VoiceBase

Berkeley, California, United States

VoiceBase is a voice analytics platform for the enterprise, built on advanced speech recognition technology, which transforms voice and messaging conversations into easily interpreted data and actionable insights. VoiceBase was founded in 2010 and is based in Berkeley, California.

Buy -