M&A Deal Summary

TKXS Acquires XS

On August 8, 2018, TKXS acquired internet software and services company XS from Morgan Stanley Expansion Capital

Acquisition Highlights
  • This is TKXS’s 1st transaction in the Internet Software and Services sector.
  • This is TKXS’s 2nd transaction in the United States.
  • This is TKXS’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2018-08-08
Target XS
Sector Internet Software and Services
Buyer(s) TKXS
Sellers(s) Morgan Stanley Expansion Capital
Deal Type Merger

Target

XS

Morrisville, North Carolina, United States
XS provides e-commerce and data management solutions for the life science and agricultural industries. XS was founded in 1998 and is based in Morrisville, North Carolina.

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Buyer(S) 1

Buyer

TKXS

Charlotte, North Carolina, United States

Category Company
Sector Information Technology
DESCRIPTION

TKXS is a B2B technology and data-driven solutions company which provides data collection, data science, technology and data-enabled marketing and incentive management capabilities to the agriculture, animal health, construction and industrial supply industries. TKXS is based in Charlotte, North Carolina.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 2 of 2
State: North Carolina M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-08 Technekes

Charlotte, North Carolina, United States

Technekes is a B2B marketing company providing demand generation, marketing and sales technologies, teleservices, and incentive solutions. Technekes is based in Charlotte, North Carolina.

Buy -

Seller(S) 1

DESCRIPTION

Morgan Stanley Expansion Capital is a division of Morgan Stanley that looks to make growth equity and credit investments in expanding companies operating in the healthcare, digital media, e-commerce, consumer and business services sectors. The unit will consider opportunities throughout North America and Western Europe and primarily targets companies with established products/services looking to scale. Morgan Stanley Expansion Capital is headquartered in New York City.


DEAL STATS #
Overall 2 of 11
Sector: Internet Software and Services M&A 1 of 5
Type: Merger M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 10
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-06 Van Leeuwen Ice Cream

Brooklyn, New York, United States

Van Leeuwen Ice Cream is a provider of made-from-scratch ice cream and vegan ice cream. Van Leeuwen produces its own dairy-based and vegan ice cream products in its Greenpoint, Brooklyn facility, and currently operates 13 scoop shops and 6 trucks in New York and Los Angeles. Van Leeuwen Ice Cream was founded in 2008 and is based in Brooklyn, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Chairish

San Francisco, California, United States

Chairish is an emporium where designers and tastemakers shop for exceptional home furnishings, art, and jewelry. The company delights millions of shoppers with its expert curation of exclusive and diverse inventory, a refreshing shopping experience, and award-winning customer care. Chairish was founded in 2013 and is based in San Francisco, California.

Buy -