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  6. SherpaShare Acquires GigXL

M&A Deal Summary

SherpaShare Acquires GigXL

On May 15, 2018, SherpaShare acquired information technology company GigXL

Acquisition Highlights
  • This is SherpaShare’s 1st transaction in the Information Technology sector.
  • This is SherpaShare’s 1st transaction in the United States.
  • This is SherpaShare’s 1st transaction in California.

M&A Deal Summary
Date 2018-05-15
Target GigXL
Sector Information Technology
Buyer(s) SherpaShare
Deal Type Add-on Acquisition

Target

GigXL

Palo Alto, California, United States
GigXL is a provider of an economy data to helping the country's one million rideshare drivers earn a better living. GigXL is based in Palo Alto, California.

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Buyer(S) 1

Buyer

SherpaShare

Menlo Park, California, United States
Category Company
Founded 2014
Sector Software
DESCRIPTION

SherpaShare, Inc. is a developer of an app that helps over 100,000 rideshare drivers boost their bottom line. The app has allowed drivers to track over 1 billion miles and save millions of dollars in taxes. SherpaShare was founded in 2014 and is based in Menlo Park, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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