M&A Deal Summary

TCI Entertainment Acquires Stocket

On May 11, 2021, TCI Entertainment acquired internet software and services company Stocket for 11M USD

Acquisition Highlights
  • This is TCI Entertainment’s 1st transaction in the Internet Software and Services sector.
  • This is TCI Entertainment’s largest (disclosed) transaction.
  • This is TCI Entertainment’s 1st transaction in the United States.
  • This is TCI Entertainment’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-05-11
Target Stocket
Sector Internet Software and Services
Buyer(s) TCI Entertainment
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

Stocket

Boynton Beach, Florida, United States
Stocket is a Gaming e-Commerce Platform that provides consumers and gamers an innovative and unique way to shop, game, and earn income all within one entertainment ecosystem. Stocket is based in Boynton Beach, Florida.

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Buyer(S) 1

Buyer

TCI Entertainment

Delray Beach, Florida, United States
Category Company
Sector Digital Media
DESCRIPTION

TCI Entertainment a technology holding company focused on gaming and e-Commerce technology software. TCI Entertainment is the owner and developer of a patented in-game, real-world e-commerce platform that utilizes ancillary “incentivized engagement” and monetization technologies to bring mobile brand engagement and sales to a whole new level. TCI Entertainment is based in Delray Beach, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
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