M&A Deal Summary

Spectra Acquires Ballena Technologies

On October 27, 2015, Spectra acquired information technology company Ballena Technologies

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

M&A Deal Summary

Date 2015-10-27
Target Ballena Technologies
Sector Information Technology
Buyer(s) Spectra
Deal Type Add-on Acquisition

Target

Ballena Technologies

Alameda, California, United States
Ballena Technologies, Inc. is a provider of sales and marketing tools for sports teams, venue owner/operators, and Internet based ticketing solutions.

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Buyer(S) 1

Buyer

Spectra

Philadelphia, Pennsylvania, United States

Category Company
Founded 1996
Sector Media
DESCRIPTION

Spectra engages in live events and entertainment. Spectra's network of elite onsite management teams works with municipalities, colleges and universities, private developers, and other client partners to create memorable experiences for millions of visitors every year. Spectra was founded in 1996 and is based in Philadelphia, Pennsylvania.


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: 2015 M&A 1 of 1