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  6. ITX Acquires SUMO Heavy

M&A Deal Summary

ITX Acquires SUMO Heavy

On September 26, 2023, ITX acquired e-commerce company SUMO Heavy

Acquisition Highlights
  • This is ITX’s 1st transaction in the E-Commerce sector.
  • This is ITX’s 1st transaction in the United States.
  • This is ITX’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-09-26
Target SUMO Heavy
Sector E-Commerce
Buyer(s) ITX
Deal Type Add-on Acquisition

Target

SUMO Heavy

Philadelphia, Pennsylvania, United States
SUMO Heavy is a provider of customized eCommerce solutions serving global clients of all sizes, from startups to Fortune 1000 organizations. SUMO Heavy is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

ITX

Yokohama, Japan
Category Company
Sector Electrical Equipment
DESCRIPTION

ITX Corp. is a manufacturer of electrical equipment.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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