M&A Deal Summary

Kaleyra Acquires mGage

On February 19, 2021, Kaleyra acquired internet software and services company mGage for 215M USD

Acquisition Highlights
  • This is Kaleyra’s 2nd transaction in the Internet Software and Services sector.
  • This is Kaleyra’s largest (disclosed) transaction.
  • This is Kaleyra’s 2nd transaction in the United States.
  • This is Kaleyra’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-02-19
Target mGage
Sector Internet Software and Services
Buyer(s) Kaleyra
Deal Type Add-on Acquisition
Deal Value 215M USD
Advisor(s) Guggenheim Securities (Financial)
Weil Gotshal & Manges
Akin Gump Strauss Hauer & Feld (Legal)

Target

mGage

Atlanta, Georgia, United States
mGage LLC is a provider of cloud-based enterprise technology for mobile engagement programs. mGage is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Kaleyra

Milan, Italy

Category Company
Founded 1999
Sector Internet Software and Services
Revenue 339M USD (2022)
DESCRIPTION

Kaleyra is a global group providing mobile communication services to financial institutions, e-commerce players, OTTs, software companies, logistic enablers, healthcare providers, retailers, and other large organizations worldwide. Through its proprietary platform and robust APIs, Kaleyra manages multi-channel integrated communication services, consisting of messaging, rich messaging, and instant messaging, video, push notifications, e-mail, voice services, and chatbots. Kaleyra was founded in 1999 and is based in Milan, Italy.


DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Georgia) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-02 Hook Mobile

Vienna, Virginia, United States

Hook Mobile is a mobile cloud messaging services provider with extensive experience, global connectivity, and an enterprise-grade CPaaS platform supporting clients worldwide. Hook Mobile was founded in 2013 and is based in Vienna, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 Bandyer

Milan, Italy

Bandyer provides cloud-based audio/video communications services to financial institutions, retail companies, utilities, industries, insurance, human resources, and digital healthcare organizations. Bandyer was founded in 2016 and is based in Milan, Italy.

Buy -