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M&A Deal Summary

Pocket Aces Acquires Loco

On January 24, 2018, Pocket Aces acquired digital media company Loco

Acquisition Highlights
  • This is Pocket Aces’ 1st transaction in the Digital Media sector.
  • This is Pocket Aces’ 1st transaction in India.

M&A Deal Summary
Date 2018-01-24
Target Loco
Sector Digital Media
Buyer(s) Pocket Aces
Deal Type Add-on Acquisition
Advisor(s) NRS Advisors (Financial)

Target

Loco

India
Loco is an Android app, allows users to log in to play a live quiz game. The Loco deal is part of a strategy to venture into new digital media formats, starting with live game show.

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Buyer(S) 1

Buyer

Pocket Aces

Mumbai, India
Category Company
Founded 2013
Sector Media
DESCRIPTION

Pocket Aces is a technology-enabled, socially-distributed digital entertainment company. Pocket Aces was founded in 2013 and is based in Mumbai, India.

DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1
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