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M&A Deal Summary

NJ Tech Council Acquires Propelify

On August 5, 2019, NJ Tech Council acquired internet software and services company Propelify

Acquisition Highlights
  • This is NJ Tech Council’s 1st transaction in the Internet Software and Services sector.
  • This is NJ Tech Council’s 1st transaction in the United States.
  • This is NJ Tech Council’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2019-08-05
Target Propelify
Sector Internet Software and Services
Buyer(s) NJ Tech Council
Deal Type Add-on Acquisition

Target

Propelify

Hoboken, New Jersey, United States
Propelify LLC unites entrepreneurs, innovators, influencers, marketers, designers, and investors from all over the Northeast for a day filled with thought-provoking conversations, technology innovations, live music performances in the evening, and fun. Propelify LLC was founded in 2016 and is based in Hoboken, New Jersey.

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Buyer(S) 1

Buyer

NJ Tech Council

New Brunswick, New Jersey, United States
Category Company
Founded 1996
Sector Business Services
DESCRIPTION

The New Jersey Tech Council provides business development, education, networking and recognition opportunities as well as advocacy for the state and region’s technology businesses. The New Jersey Tech Council was founded in 1996 and is based in New Brunswick, New Jersey.

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
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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