M&A Deal Summary

The Active Network Acquires IPICO

On February 9, 2015, The Active Network acquired information technology company IPICO

Acquisition Highlights
  • This is The Active Network’s 2nd transaction in the Information Technology sector.
  • This is The Active Network’s 2nd transaction in Canada.
  • This is The Active Network’s 1st transaction in Ontario.

M&A Deal Summary

Date 2015-02-09
Target IPICO
Sector Information Technology
Buyer(s) The Active Network
Deal Type Add-on Acquisition

Target

IPICO

Etobicoke, Ontario, Canada
IPICO is a global provider of race timing technology.

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Buyer(S) 1

Buyer

The Active Network

San Diego, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION
The Active Network's corporate headquarters in San Diego, California.
The Active Network's corporate headquarters in San Diego, California.

The Active Network, Inc. is a provider of cloud-based activity and participant management solutions serving a wide range of customer groups including business solutions, community activities, the public sector and outdoors and sports. The Active Network provides applications that form an online network connecting a fragmented and diverse group of activity and event organizers with a large base of potential participants. The Company's technology platform helps organizers manage their activities and events by automating online registrations and streamlining other critical management functions. The Active Network, Inc. was formed in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 28 of 32
Sector: Information Technology M&A 2 of 3
Type: Add-on Acquisition M&A Deals 25 of 29
State: Ontario M&A 1 of 1
Country: Canada M&A 2 of 3
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-13 Class Software Solutions

United States

Class Software Solutions Ltd. is a provider of software technology solutions to community service agencies worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Virtual Race Bags

Charlotte, North Carolina, United States

Virtual Race Bags, Inc. (dba Virtual Event Bags) is a provider of virtual event bag platform created to help event organizers more effectively connect their event sponsors with their participants.

Buy -