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  6. Torc Acquires Codealike

M&A Deal Summary

Torc Acquires Codealike

On March 23, 2023, Torc acquired internet software and services company Codealike

Acquisition Highlights
  • This is Torc’s 1st transaction in the Internet Software and Services sector.
  • This is Torc’s 1st transaction in the United States.
  • This is Torc’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2023-03-23
Target Codealike
Sector Internet Software and Services
Buyer(s) Torc
Deal Type Add-on Acquisition

Target

Codealike

Boston, Massachusetts, United States
Codealike is a a software development powerhouse. Codealike brings a human-centered approach to developer productivity and helps you maximize your career and earning potential. Codealike was founded in 2011 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Torc

Boston, Massachusetts, United States
Category Company
Sector Information Technology
DESCRIPTION

Torc is a nearshore intelligent talent network connecting remote developers with jobs, provides career growth opportunities for its community, and a secure, AI-driven talent sourcing experience for companies. The company's emphasis on performance, productivity, and upskilling makes it the preferred platform for on-demand technical talent and the companies that need to hire them. Torc is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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