M&A Deal Summary

World Poker Acquires GrocerIQ

On December 17, 2024, World Poker acquired information technology company GrocerIQ

Acquisition Highlights
  • This is World Poker’s 1st transaction in the Information Technology sector.
  • This is World Poker’s 6th transaction in the United States.
  • This is World Poker’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-12-17
Target GrocerIQ
Sector Information Technology
Buyer(s) World Poker
Deal Type Merger

Target

GrocerIQ

Melborune, Florida, United States
GrocerIQ is an AI company transforming the grocery industry through advanced technology that enhances efficiency, streamlines supply chains, and elevates the customer experience. GrocerIQ powers forward-thinking brands like FreshGrab Markets, a pioneer in urban grocery retail innovation. GrocerIQ is based in Melborune, Florida.

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Buyer(S) 1

Buyer

World Poker

Whittier, California, United States

Category Company
Sector Gaming
Revenue 7M USD (2010)
DESCRIPTION

World Poker manages in the development of poker sponsorship tournaments to identify and train new poker players for poker competitions, to develop and produce poker entertainment reality TV shows, and to advise and assist in the development of online and interactive gaming and casino development under the Indian Gaming Regulatory Act of 1988.


DEAL STATS #
Overall 8 of 8
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-04 CareClix

Alexandria, Virginia, United States

CareClix is a full-spectrum virtual healthcare product, designed by doctors for doctors, for individuals to address their diverse healthcare needs. It is a product that addresses episodic issues, as well as comorbidities and co-conditional needs of the individual. The Company also utilizes an internal sales team, an independent sales team, and distribution channels such as system integrators, healthcare providers, IT companies, and benefits administrators, to reach a growing number of countries and all 50 US states. CareClix is based in Alexandria, Virginia.

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