M&A Deal Summary

TipRanks Acquires The Fly

On January 4, 2023, TipRanks acquired digital media company The Fly

Acquisition Highlights
  • This is TipRanks’ 1st transaction in the Digital Media sector.
  • This is TipRanks’ 1st transaction in the United States.
  • This is TipRanks’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2023-01-04
Target The Fly
Sector Digital Media
Buyer(s) TipRanks
Deal Type Add-on Acquisition

Target

The Fly

Summit, New Jersey, United States
The Fly is a digital publisher of real-time financial news, reporting on and explaining the news that impacts publicly traded companies. The Fly was founded in 1998 and is based in Summit, New Jersey.

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Buyer(S) 1

Buyer

TipRanks

Tel Aviv, Israel
Category Company
Sector Internet Software and Services
DESCRIPTION

TipRanks is financial technology company that analyzes financial big data to provide market research tools for retail investors. The TipRanks Financial Accountability Engine scans and analyzes financial websites, corporate filings submitted to the SEC, and analyst research, to rank financial experts in real time. TipRanks is based in Tel Aviv, Israel.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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