M&A Deal Summary

OV Loop Acquires Skipti

On July 22, 2024, OV Loop acquired internet software and services company Skipti

Acquisition Highlights
  • This is OV Loop’s 2nd transaction in the Internet Software and Services sector.
  • This is OV Loop’s 1st transaction in the United States.
  • This is OV Loop’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2024-07-22
Target Skipti
Sector Internet Software and Services
Buyer(s) OV Loop
Deal Type Add-on Acquisition

Target

Skipti

Albuquerque, New Mexico, United States
Skipti is a rental delivery marketplace that facilitates complex pickup and drop offs of equipment like Rug Doctor machines and home improvement tools, transforming how businesses and consumers facilitate the transport of goods to and from depots and homes. Skipti was formed in 2018 and is based in Albuquerque, New Mexico.

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Buyer(S) 1

Buyer

OV Loop

Woburn, Massachusetts, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

OV Loop is a cross-platform tap & pay wallet/super-app and omnichannel commerce platform for people, merchants, and brands. OV Loop is based in Woburn, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New Mexico) 1 of 1
Country (United States) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 Cultos

Toronto, Ontario, Canada

Cultos is a Web3 rewards application that enhances loyalty and engagement. Cultos is based in Toronto, Ontario.

Buy -
Mergr

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