Add-on Acquisition • Internet Software and Services

Near Pte. Acquires Teemo

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: France	1 of 1
Year: 2020	1 of 1

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