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) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

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