Add-on Acquisition • Internet Software and Services

LocationSmart Acquires Locaid

On February 26, 2015, LocationSmart acquired internet software and services company Locaid

Acquisition Context

This is LocationSmart’s 1st transaction in the Internet Software and Services sector.
This is LocationSmart’s 1st transaction in the United States.
This is LocationSmart’s 1st transaction in Florida.

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M&A Deal Summary
Date	February 26, 2015
Target	Locaid
Sector	Internet Software and Services
Buyer(s)	LocationSmart
Deal Type	Add-on Acquisition

Target Company

Locaid

Boca Raton, Florida, United States

Locaid, Inc. is a provider of cloud based location-as-a-Service platform for enterprise location.

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Buyer Overview 1

Buyer

LocationSmart

Carlsbad, California, United States

Category	Company
Founded	2009
Sector	Information Technology

DESCRIPTION

LocationSmart is a Location-as-a-Service market provider for gaming geolocation compliance and IoT asset monitoring. The Company provides a comprehensive patent-protected platform for cloud-based location services. LocationSmart was founded in 2009 and is based in Carlsbad, California.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2015	1 of 1

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