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M&A Deal Summary

Powtoon Acquires Showbox

On February 21, 2019, Powtoon acquired internet software and services company Showbox

Acquisition Highlights
  • This is Powtoon’s 1st transaction in the Internet Software and Services sector.
  • This is Powtoon’s 1st transaction in Israel.

M&A Deal Summary
Date 2019-02-21
Target Showbox
Sector Internet Software and Services
Buyer(s) Powtoon
Deal Type Add-on Acquisition

Target

Showbox

Tel Aviv, Israel
Showbox is a cloud-based video platform that empowers users with video creation tools, such as its dynamic green screen technology. Showbox was founded in 2013 and is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Powtoon

London, United Kingdom
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Powtoon Ltd. is a video creation platform. Powtoon videos created for use in business presentations, product launches, digital and broadcast ads, explainer videos, educational materials for the classroom, and much more. Powtoon Ltd. was founded in 2012 and is based in London, United Kingdom.

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
Country: Israel M&A 1 of 1
Year: 2019 M&A 1 of 1
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