M&A Deal Summary

Rover180 Acquires Vemity

On January 31, 2019, Rover180 acquired internet software and services company Vemity

Acquisition Highlights
  • This is Rover180’s 1st transaction in the Internet Software and Services sector.
  • This is Rover180’s 1st transaction in the United States.
  • This is Rover180’s 1st transaction in Indiana.

M&A Deal Summary

Date 2019-01-31
Target Vemity
Sector Internet Software and Services
Buyer(s) Rover180
Deal Type Add-on Acquisition

Target

Vemity

Indianapolis, Indiana, United States
Vemity is an artificial intelligence automation and machine learning company. Vemity's platform allows developers to easily integrate AI and deep learning into projects without computer science or neural network theory knowledge. Vemity was founded in 2016 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Rover180

Indianapolis, Indiana, United States

Category Company
Founded 2018
Sector Financial Services
DESCRIPTION

Rover180 is a provider of alternative supply chain finance and factoring programs that represent a 180 on traditional finance. Rover180 was founded in 2018 and is based in Indianapolis, Indiana.


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: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1