M&A Deal Summary

Kibo Acquires Monetate

On October 10, 2019, Kibo acquired internet software and services company Monetate

Acquisition Highlights
  • This is Kibo’s 4th transaction in the Internet Software and Services sector.
  • This is Kibo’s 5th transaction in the United States.
  • This is Kibo’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2019-10-10
Target Monetate
Sector Internet Software and Services
Buyer(s) Kibo
Deal Type Add-on Acquisition

Target

Monetate

Conshohocken, Pennsylvania, United States
Monetate is a provider of personalization software for consumer-facing brands, enables marketers to grow more of their customers into their best customers. Monetate’s industry-first Personalization Exchange allows brands to create a more relevant and personalized customer experience. Powered by artificial intelligence, the Monetate Personalization Engine enables brands to connect all of their data sources to make the most intelligent decisions possible regarding their interactions with each customer.

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Buyer(S) 1

Buyer

Kibo

Dallas, Texas, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Kibo is a cloud-based omnichannel commerce platform for retailers and branded manufacturers. Kibo's e-commerce, distributed order management, mobile point-of-sale, and personalization solutions help customers stay agile and drive connectivity. Kibo’s unified cloud commerce platform is used by over 450 clients across 50+ countries and powers over $7 billion in online shopping revenue. Kibo was formed in 2016 and is based in Dallas, Texas.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-19 Certona

San Diego, California, United States

Certona, Inc. is an omnichannel personalization solutions for brands and retailers. Certona pioneered the use of patented machine learning and predictive algorithms for real-time profiling of individual shoppers across various digital retail channels. Certona, Inc. was founded in 2004 and is based in San Diego, California.

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