M&A Deal Summary

NextPlay Technologies Acquires TOKEN IQ

On August 25, 2021, NextPlay Technologies acquired business services company TOKEN IQ

Acquisition Highlights
  • This is NextPlay Technologies’ 1st transaction in the Business Services sector.
  • This is NextPlay Technologies’ 3rd transaction in the United States.
  • This is NextPlay Technologies’ 1st transaction in Arizona.

M&A Deal Summary

Date 2021-08-25
Target TOKEN IQ
Sector Business Services
Buyer(s) NextPlay Technologies
Deal Type Add-on Acquisition

Target

TOKEN IQ

Scottsdale, Arizona, United States
TOKEN IQ is an operator of a digital asset management platform with its smart compliant token technology. Token IQ offers cryptocurrency owners a solution to replace their assets should they lose access to, or control of, their assets, and its handling of Know Your Customer (KYC) issues solving many key regulatory requirements. TOKEN IQ is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

NextPlay Technologies

Sunrise, Florida, United States

Category Company
Founded 2002
Sector Marketing
Employees250
Revenue 8M USD (2022)
DESCRIPTION

NextPlay Technologies is a digital media marketing company focusing on lifestyle enrichment for consumers in the Travel, Home and Employment sectors. NextPlay Technologies was founded in 2002 and is headquartered in Sunrise, Florida.


DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Arizona M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Make it Games

Boulder, Colorado, United States

Make it Games provides developers to create video games powered by artificial intelligence (AI). Its technology supports the training of virtual characters to be more lifelike in appearance and behavior.

Buy -