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M&A Deal Summary

Near Pte. Acquires Teemo

On November 19, 2020, Near Pte. acquired internet software and services company Teemo

Acquisition Highlights
  • This is Near Pte.’s 1st transaction in the Internet Software and Services sector.
  • This is Near Pte.’s 1st transaction in France.

M&A Deal Summary
Date 2020-11-19
Target Teemo
Sector Internet Software and Services
Buyer(s) Near Pte.
Deal Type Add-on Acquisition

Target

Teemo

Paris, France
Teemo is a location intelligence platform generating store traffic. Teemo generates outstanding performance by combining location data, algorithms and engaging creatives, in a privacy-friendly environment. Teemo was founded in 2014 and is based in Paris, France.

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Buyer(S) 1

Buyer

Near Pte.

Singapore, Singapore
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Near Pte. Ltd. is a source of intelligence on people and places, processing data from over 1.6 billion monthly users across 44 countries. The Near Platform powers data-driven marketing and enrichment offerings through a suite of SaaS products. The users of the platform can leverage audience, spatial, retail, among other data in a privacy-led environment. Near was founded in 2012 and is based in Singapore.

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: France M&A 1 of 1
Year: 2020 M&A 1 of 1
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