M&A Deal Summary

TouchTunes Acquires Arachnid 360

On February 8, 2024, TouchTunes acquired digital media company Arachnid 360

Acquisition Highlights
  • This is TouchTunes’ 1st transaction in the Digital Media sector.
  • This is TouchTunes’ 2nd transaction in the United States.
  • This is TouchTunes’ 1st transaction in Illinois.

M&A Deal Summary
Date 2024-02-08
Target Arachnid 360
Sector Digital Media
Buyer(s) TouchTunes
Deal Type Add-on Acquisition

Target

Arachnid 360

Loves Park, Illinois, United States
Arachnid 360 is a soft-tip electronic darts platform, with over 30,000 connected dartboards in bars and restaurants globally. The company offers the sport of soft-tip electronic darts through its BullShooter tournaments, celebrating the passion and skill of its athletes. Arachnid 360 is headquartered in Loves Park, Illinois.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TouchTunes

New York, New York, United States
Category Company
Founded 1998
Sector Digital Media
Employees105
DESCRIPTION

TouchTunes operates an out-of-home network of interactive entertainment systems in North America. The Company offers digital-downloading and pay-per-play commercial jukebox to bars, restaurants, retailers, and entertainment centers. TouchTunes was founded in 1998 and is based in New York City.

DEAL STATS #
Overall 3 of 3
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-21 PlayNetwork

Redmond, Washington, United States

PlayNetwork specializes in the creation and distribution of entertianment media that connects the voice of the brand to the consumer across all touch points in store, online and on device. PlayNetwork is the industry's leading integrated media provider for branded music, messaging, video, entertainment promotions and event media, systems integration services, and commerical XM Satellite Radio subscriptions. PlayNetwork was founded in 1996 and is based in Redmond, Washington.

Sell -
Mergr

Product

Company

Legal