M&A Deal Summary

PolitiChatter Acquires Mumblit

On May 24, 2021, PolitiChatter acquired internet software and services company Mumblit

Acquisition Highlights
  • This is PolitiChatter’s 1st transaction in the Internet Software and Services sector.
  • This is PolitiChatter’s 1st transaction in the United States.
  • This is PolitiChatter’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2021-05-24
Target Mumblit
Sector Internet Software and Services
Buyer(s) PolitiChatter
Deal Type Add-on Acquisition

Target

Mumblit

Oklahoma City, Oklahoma, United States
Mumblit is a social media company established in response to the arbitrary censorship policies of Facebook, Twitter, and YouTube. Mumblit was formed in 2016 and is based in Oklahoma City, Oklahoma.

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Buyer(S) 1

Buyer

PolitiChatter

North Las Vegas, Nevada, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

PolitiChatter is a unique, user-owned social media platform dedicated to the promotion of uncensored free speech. Its subscribers have the ability to become equity owners by upgrading their memberships directly online. As PolitiChatter grows, so does each members’ equity investment in the company. Its primary purpose is to provide an easy-to-use platform that doesn’t censor political opinion on either side, be it left or right. PolitiChatter is based in North Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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