M&A Deal Summary

Stake Acquires Circa

On June 13, 2024, Stake acquired information technology company Circa for 10M USD

Acquisition Highlights
  • This is Stake’s 1st transaction in the Information Technology sector.
  • This is Stake’s largest (disclosed) transaction.
  • This is Stake’s 1st transaction in the United States.
  • This is Stake’s 1st transaction in Maine.

M&A Deal Summary

Date 2024-06-13
Target Circa
Sector Information Technology
Buyer(s) Stake
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Circa

Brunswick, Maine, United States
Circa is a web-based payment platform that reimagines how clients pay rent, prioritizing choice, convenience, inclusion, and respect. It simplifies rent collection, increases on-time rent and arrears collection, and improves resident relations for property owners. Circa is based in Brunswick, Maine.

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Buyer(S) 1

Buyer

Stake

New York, New York, United States

Category Company
Sector Information Technology
DESCRIPTION

Stake is a rental economy company that aligns incentives between renters, operators, owners, and investors, so everyone earns the Return on Rent they deserve. The company's revenue management tools outperform, returning 130% on every dollar spent. Stake is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maine) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1