M&A Deal Summary

Quantum5 Acquires Trivie

On January 29, 2024, Quantum5 acquired internet software and services company Trivie

Acquisition Highlights
  • This is Quantum5’s 1st transaction in the Internet Software and Services sector.
  • This is Quantum5’s 1st transaction in the United States.
  • This is Quantum5’s 1st transaction in Texas.

M&A Deal Summary

Date 2024-01-29
Target Trivie
Sector Internet Software and Services
Buyer(s) Quantum5
Deal Type Add-on Acquisition

Target

Trivie

Frisco, Texas, United States
Trivie is a workforce engagement platform that utilizes AI-generative tools to personalize learning content, build community, and effectively deliver higher learning experiences through knowledge reinforcement science. Trivie was founded in 2011 and is based in Frisco, Texas.

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Buyer(S) 1

Buyer

Quantum5

Scottsdale, Arizona, United States

Category Company
Founded 2020
Sector Education
DESCRIPTION

Quantum5 provides a holistic learning ecosystem focused on learners being genuinely engaged and building proficiencies. The Company solution addresses multiple market issues including sustainable training over time in the auto industry. Quantum5 was founded in 2020 and is based in Scottsdale, Arizona.


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
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1