Add-on Acquisition • Internet Software and Services

Metova Acquires Clocktower Media

On April 12, 2016, Metova acquired internet software and services company Clocktower Media

Acquisition Context

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

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M&A Deal Summary
Date	April 12, 2016
Target	Clocktower Media
Sector	Internet Software and Services
Buyer(s)	Metova
Deal Type	Add-on Acquisition

Target Company

Clocktower Media

Kirkland, Washington, United States

Clocktower Media is a web development and marketing firm.

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Buyer Overview 1

Buyer

Metova

Conway, Arkansas, United States

Category	Company
Founded	2006
Sector	Information Technology

DESCRIPTION

Metova is a provider of outsourced mobile application solutions ranging from product strategy and design to application development and ongoing maintenance and support. Metova combines its mobile expertise with a deep understanding of emerging technologies including IoT, Mobile Self-Service, Connected Home/Vehicle and Data Science serving a strong base of domestic and global customers. Metova was founded in 2006 and is based in Franklin, Tennessee.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Washington	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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