M&A Deal Summary

Metropolis Technologies Acquires Oosto

On January 20, 2025, Metropolis Technologies acquired information technology company Oosto for 125M USD

Acquisition Highlights
  • This is Metropolis Technologies’ 1st transaction in the Information Technology sector.
  • This is Metropolis Technologies’ 2nd largest (disclosed) transaction.
  • This is Metropolis Technologies’ 3rd transaction in the United States.
  • This is Metropolis Technologies’ 1st transaction in New York.

M&A Deal Summary

Date 2025-01-20
Target Oosto
Sector Information Technology
Buyer(s) Metropolis Technologies
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

Oosto

New York, New York, United States
Oosto protects employees and premises with real-time person of interest alerting, contactless access control, and mobile surveillance powered by Vision AI algorithms including face, body, and action. Oosto is based in New York, New York.

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Buyer(S) 1

Buyer

Metropolis Technologies

Santa Monica, California, United States

Category Company
Sector Software
DESCRIPTION

Metropolis Technologies is a developer of advanced technology for mobile commerce. Its platform is deployed in hundreds of facilities and industries where the Company is building the digital pipes through which the future of mobile commerce will move. Metropolis Technologies is based in Los Angeles, California.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 SP Plus

Chicago, Illinois, United States

SP Plus is a provider of parking facility management services. The company provides on-site management services at multi-level and surface parking facilities for all major markets of the parking industry. SP Plus was founded in 1929 and is based in Chicago, Illinois.

Buy $1.5B