M&A Deal Summary

Tangelo Acquires Diet ID

On September 28, 2023, Tangelo acquired consumer services company Diet ID

Acquisition Highlights
  • This is Tangelo’s 1st transaction in the Consumer Services sector.
  • This is Tangelo’s 1st transaction in the United States.
  • This is Tangelo’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-09-28
Target Diet ID
Sector Consumer Services
Buyer(s) Tangelo
Deal Type Add-on Acquisition

Target

Diet ID

Detroit, Michigan, United States
Diet ID is a digital health platform, boasting a patented method for comprehensive digital dietary evaluation. Diet ID provides tailored educational content, daily digital coaching for a healthier lifestyle, and real-time nutrition counseling from licensed, registered dietitians. Diet ID was founded in 2016 and is based in Detroit, Michigan.

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Buyer(S) 1

Buyer

Tangelo

Birmingham, Michigan, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Tangelo is a turnkey technology platform that increases access to nutritious foods by enabling payers to create, distribute, and evaluate food benefits that deliver public and private funds to communities at scale. Tangelo is based in Birmingham, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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