M&A Deal Summary

MBO Partners Acquires MindSumo

On September 29, 2020, MBO Partners acquired internet software and services company MindSumo

Acquisition Highlights
  • This is MBO Partners’ 1st transaction in the Internet Software and Services sector.
  • This is MBO Partners’ 1st transaction in the United States.
  • This is MBO Partners’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2020-09-29
Target MindSumo
Sector Internet Software and Services
Buyer(s) MBO Partners
Deal Type Add-on Acquisition

Target

MindSumo

Durham, North Carolina, United States
MindSumo, Inc. is the largest online community of Millennials for innovation and insights. Nearly 100 Fortune 500 companies rely on MindSumo to quickly connect with consumers, understand their needs, and identify areas for growth. MindSumo, Inc. was founded in 2011 and is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

MBO Partners

Ashburn, Virginia, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

MBO Partners provides a complete business operating system for independent workers, offering technology solutions that make it easy for self-employed professionals and their clients to do business. By re-envisioning and streamlining the entire contract talent acquisition and engagement lifecycle, MBO improves how independents operate and succeed while helping enterprises reduce risk and get the best return on their contractor investments. MBO Partners was founded in 1996 and is based in Ashburn, Virginia.


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
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1