M&A Deal Summary

Kevel Acquires Velocidi

On June 28, 2022, Kevel acquired software company Velocidi

Acquisition Highlights
  • This is Kevel’s 1st transaction in the Software sector.
  • This is Kevel’s 1st transaction in the United States.
  • This is Kevel’s 1st transaction in New York.

M&A Deal Summary

Date 2022-06-28
Target Velocidi
Sector Software
Buyer(s) Kevel
Deal Type Add-on Acquisition

Target

Velocidi

New York, New York, United States
Velocidi is a customer data platform empowers businesses to control first, second and third-party data and unlock the right marketing insights, decisions and actions at scale. Velocidi is based in New York, New York.

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Buyer(S) 1

Buyer

Kevel

Durham, North Carolina, United States

Category Company
Founded 2010
Sector Software
DESCRIPTION

Kevel provides infrastructure APIs needed to quickly build custom ad platforms for sponsored listings, internal promotions, native ads, and more. Kevel was founded in 2010 and is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1