M&A Deal Summary

Life360 Acquires Tile

On November 22, 2021, Life360 acquired internet software and services company Tile for 205M USD

Acquisition Highlights
  • This is Life360’s 4th transaction in the Internet Software and Services sector.
  • This is Life360’s largest (disclosed) transaction.
  • This is Life360’s 8th transaction in the United States.
  • This is Life360’s 5th transaction in California.

M&A Deal Summary
Date 2021-11-22
Target Tile
Sector Internet Software and Services
Buyer(s) Life360
Deal Type Add-on Acquisition
Deal Value 205M USD
Advisor(s) Jefferies (Financial)
Fenwick & West (Legal)

Target

Tile

San Mateo, California, United States
Tile is a cloud-based finding platform that helps people find the things that matter to them most. In addition to devices in multiple form factors for every use case, Tile works with over 40 partner products leveraging its finding technology across audio, travel, wearables, and PC categories. Tile is based in San Mateo, California.

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Buyer(S) 1

Buyer

Life360

San Mateo, California, United States
Category Company
Founded 2007
Sector Software
Employees383
Revenue 304M AUD (2023)
DESCRIPTION

Life360 is a location and communication app for families available for Android and the iPhone. Using location-based technology, Life360 enables families to share their locations, know when someone needs help and communicate easily with in-app messaging. The app operates in a convenient and secure way that does not interfere with busy schedules or personal freedom. Life360 was founded in 2007 and is based in San Mateo, California.

DEAL STATS #
Overall 8 of 8
Sector (Internet Software and Services) 4 of 4
Type (Add-on Acquisition) 8 of 8
State (California) 5 of 5
Country (United States) 8 of 8
Year (2021) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 Jiobit

Chicago, Illinois, United States

Jiobit is a provider of wearable location devices for young children, pets, and seniors. With a smart tag and smartphone app, parents can find their kids anywhere: Indoors, outdoors, in over 150 countries, and even in multi-level buildings. Jiobit was founded in 2015 and is based in Chicago, Illinois.

Buy $55M
Mergr

Product

Company

Legal