M&A Deal Summary

SoPa Acquires Thoughtful Media Group

On July 11, 2022, SoPa acquired digital media company Thoughtful Media Group

Acquisition Highlights
  • This is SoPa’s 1st transaction in the Digital Media sector.
  • This is SoPa’s 1st transaction in Thailand.

M&A Deal Summary

Date 2022-07-11
Target Thoughtful Media Group
Sector Digital Media
Buyer(s) SoPa
Deal Type Add-on Acquisition

Target

Thoughtful Media Group

Bangkok, Thailand
Thoughtful Media Group is a social commerce-focused, premium digital video MPN with an operating presence in the US, Vietnam, and the Philippines. Thoughtful Media Group is based in Bangkok, Thailand.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SoPa

Singapore, Singapore

Category Company
Founded 2018
Sector Information Technology
Revenue 8M USD (2023)
DESCRIPTION

SoPa is building an ecosystem of platforms and technology-enabled companies that synergistically work together in transforming how consumers and merchants interact with one another in Southeast Asia. SoPa was formed in 2018 and is based in Singapore.


DEAL STATS #
Overall 3 of 4
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 3 of 4
Country (Thailand) 1 of 1
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-03 Gorilla

Singapore, Singapore

Gorilla is a next-generation Web3-enabled MVNO that offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. The company enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Its Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services. Gorilla was formed in 2019 and is based in Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-15 NusaTrip

Jakarta, Indonesia

Nusatrip is an online travel portal that provides information, prices, availability, and booking services for domestic and international air travel. The company has a network of over 460 airlines (including Indonesian airlines) and 100,000 hotels in Indonesia and all around the world. It is a one-stop shop for all travel-related services with a mission to take the hassle out of planning a trip and provide business and leisure travelers with an easy solution to book their hotels and flights at the best price. The portal is designed with a simple interface that users can easily use and plan their trips. Nusatrip was formed in 2011 and is based in Jakarta, Indonesia.

Buy -