M&A Deal Summary

Orgo Tech AB Acquires Hubso AB

On March 16, 2020, Orgo Tech AB acquired marketing company Hubso AB from Tourn Media AB

Acquisition Highlights
  • This is Orgo Tech AB’s 1st transaction in the Marketing sector.
  • This is Orgo Tech AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2020-03-16
Target Hubso AB
Sector Marketing
Buyer(s) Orgo Tech AB
Sellers(s) Tourn Media AB
Deal Type Divestiture

Target

Hubso AB

Stockholm, Sweden
Hubso AB is a one-stop hub for influencers who want to create their own brand and get a seamless procedure regarding production, marketing, and e-commerce solutions. Hubso was formed in 2017 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Orgo Tech AB

Stockholm, Sweden

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

Orgo Tech AB is a software development company that optimizes websites for higher security and speed. The company's mission is to provide web solutions and tools to simplify the everyday life of customers. It also do consulting work in web development, image optimization, and web design. Orgo Tech was formed in 2016 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Marketing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Tourn Media AB

Stockholm, Sweden

Category Company
Founded 2014
Sector Marketing
DESCRIPTION

Tourn Media AB is a media house revolutionizing the market by developing new technology within influencer marketing, both for brands and influencers. The company's influencer marketing system includes Instaboost (Twave), TCM and TCD. Tourn was formed in 2014 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Marketing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 1