M&A Deal Summary

Procurement Foundry Acquires Online Geniuses

On September 14, 2021, Procurement Foundry acquired marketing company Online Geniuses

Acquisition Highlights
  • This is Procurement Foundry’s 1st transaction in the Marketing sector.
  • This is Procurement Foundry’s 1st transaction in the United States.
  • This is Procurement Foundry’s 1st transaction in New York.

M&A Deal Summary

Date 2021-09-14
Target Online Geniuses
Sector Marketing
Buyer(s) Procurement Foundry
Deal Type Add-on Acquisition

Target

Online Geniuses

New York, New York, United States
Online Geniuses is a free SEO & Digital Marketing community based on Slack. Its members participate in real-time Slack chats of thousands of messages a day with over 20,000 industry experts from across the globe: VPs, CMOs, freelancers, consultants, and agency owners from every niche in the digital marketing ecosystem. Online Geniuses was formed in 2015 and is based in New York, New York.

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Buyer(S) 1

Buyer

Procurement Foundry

Fairhaven, Massachusetts, United States

Category Company
Founded 2019
Sector Business Services
DESCRIPTION

Procurement Foundry is a digital community development organization that has grown to the largest private digital community in the world for Procurement and Supply Chain Sourcing professionals over the past 2 years. Procurement Foundry was formed in 2019 and is based in Fairhaven, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Marketing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1