M&A Deal Summary

RhythmOne Acquires Perk

On January 19, 2017, RhythmOne acquired internet software and services company Perk for 43M USD

Acquisition Highlights
  • This is RhythmOne’s 2nd transaction in the Internet Software and Services sector.
  • This is RhythmOne’s 3rd largest (disclosed) transaction.
  • This is RhythmOne’s 7th transaction in the United States.
  • This is RhythmOne’s 1st transaction in Texas.

M&A Deal Summary

Date 2017-01-19
Target Perk
Sector Internet Software and Services
Buyer(s) RhythmOne
Deal Type Add-on Acquisition
Deal Value 43M USD
Advisor(s) Beacon Securities (Financial)
Torys (Legal)

Target

Perk

Austin, Texas, United States
Perk, Inc. is a provider of rewards platform targeting consumers primarily by rewards for people's everyday mobile and internet activities. Perk was founded in 2009 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

RhythmOne

San Francisco, California, United States

Category Company
Founded 2004
Sector Internet Software and Services
Employees316
Revenue 167M USD (2016)
DESCRIPTION

RhythmOne plc is an Internet media company that connects consumers and brands through premium content online. Founded in the UK in 2004, blinkx pioneered Internet Video Search using its patented COncept Recognition Engine (CORE). This technology leverages speech recognition, text and image analysis to deeply understand the meaning and context of video content to generate improved search relevancy for consumers and a brand safe environment for advertisers.


DEAL STATS #
Overall 7 of 9
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 9
State: Texas M&A 1 of 1
Country: United States M&A 7 of 9
Year: 2017 M&A 1 of 3
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-16 All Media Network

San Francisco, California, United States

All Media Network LLC provides entertainment products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Prime Visibility

New York, New York, United States

Prime Visibility LLC is a provider of contextual and behavioral advertising solutions for advertisers and publishers through its own online ad network, and Prime Visibility, a rapidly expanding search engine marketing (SEM) company specializing in Search Engine Optimization (SEO), Pay-Per-Click (PPC) and PPC Search Engine Internet Marketing.

Sell -