M&A Deal Summary

Motomova Acquires Skillr

On July 1, 2024, Motomova acquired software company Skillr

Acquisition Highlights
  • This is Motomova’s 1st transaction in the Software sector.
  • This is Motomova’s 1st transaction in the United States.
  • This is Motomova’s 1st transaction in New York.

M&A Deal Summary
Date 2024-07-01
Target Skillr
Sector Software
Buyer(s) Motomova
Deal Type Add-on Acquisition

Target

Skillr

New York, New York, United States
Skillr is a commercial stage developer of mobile applications for consumer and enterprise clients. Skillr was formed in 2020 and is based in New York.

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Buyer(S) 1

Buyer

Motomova

New York, New York, United States
Category Company
Sector Information Technology
DESCRIPTION

Motomova developer, manufacturer, and supplier of testing solutions for electric motors. It owns and operates MEA Testing Systems Ltd. ("MEA"), an Israeli industrial technology company with corporate offices in Netanya, Israel, and manufacturing facilities worldwide. Motomova was formed in 1998 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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