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M&A Deal Summary

Sino-Global Shipping America Acquires Clamour

On June 28, 2021, Sino-Global Shipping America acquired information technology company Clamour for 3M USD

Acquisition Highlights
  • This is Sino-Global Shipping America’s 1st transaction in the Information Technology sector.
  • This is Sino-Global Shipping America’s 2nd largest (disclosed) transaction.
  • This is Sino-Global Shipping America’s 1st transaction in Singapore.

M&A Deal Summary
Date 2021-06-28
Target Clamour
Sector Information Technology
Buyer(s) Sino-Global Shipping America
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Clamour

Singapore, Singapore
Clamour offers considerable advantages to buyers and sellers over traditional auction houses. This includes Clamour's lower commission, flexible pricing, secured payment through a smart contract with blockchain technology, and secured intellectual property. Clamour also curates art collections that belong to its customers. Blockchain servers track each transaction, payment and order details. All artwork listing information and history is stored on blockchain, with each listing encrypted and serving as a blockchain node. Headquartered in Singapore, Clamour also operates in Hong Kong, Indonesia and China.

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Buyer(S) 1

Buyer

Sino-Global Shipping America

Roslyn, New York, United States
Category Company
Founded 2001
Sector Transportation
DESCRIPTION

Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related services. The Company's current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services, and ship management services. Sino-Global Shipping America was founded in 2001 and is headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada, and Hong Kong.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Singapore M&A 1 of 1
Year: 2021 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Super Node

Wilmington, Delaware, United States

Super Node is a blockchain infrastructure software developer and service provider. It operates multiple CyberMiles nodes and develops decentralized applications on the CyberMiles network, a powerful, high-performance CyberMiles public chain. Super Node is based in Wilmington, Delaware.

Buy $5M
Mergr

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