M&A Deal Summary

Magicbricks.com Acquires Invact Technologies Pvt.

On March 17, 2016, Magicbricks.com acquired internet software and services company Invact Technologies Pvt.

Acquisition Highlights
  • This is Magicbricks.com’s 1st transaction in the Internet Software and Services sector.
  • This is Magicbricks.com’s 1st transaction in India.

M&A Deal Summary

Date 2016-03-17
Target Invact Technologies Pvt.
Sector Internet Software and Services
Buyer(s) Magicbricks.com
Deal Type Add-on Acquisition

Target

Invact Technologies Pvt.

Bengaluru, India
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Buyer(S) 1

Buyer

Magicbricks.com

Noida, India

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Magicbricks.com is an online property portal focused on providing details of the property available to buy or rent.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1