M&A Deal Summary

The Active Network Acquires LaxPower.com

On August 6, 2007, The Active Network acquired internet software and services company LaxPower.com

Acquisition Highlights
  • This is The Active Network’s 9th transaction in the Internet Software and Services sector.
  • This is The Active Network’s 10th transaction in the United States.
  • This is The Active Network’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2007-08-06
Target LaxPower.com
Sector Internet Software and Services
Buyer(s) The Active Network
Deal Type Add-on Acquisition

Target

LaxPower.com

West Chester, Pennsylvania, United States
LaxPower.com is an online community for high school and college lacrosse players and fans.

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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 11 of 32
Sector: Internet Software and Services M&A 9 of 15
Type: Add-on Acquisition M&A Deals 11 of 29
State: Pennsylvania M&A 1 of 2
Country: United States M&A 10 of 29
Year: 2007 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-19 Thriva

Bothell, Washington, United States

Thriva LLC is a provider of an online registration and payment processing for organizations including Stanford University, UCLA, the United Nations, JPMorgan Chase and many others.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-16 InfoSpherix

Beltsville, Maryland, United States

InfoSpherix, Inc. is a designer, host and operator of park reservation services.

Buy $170M