M&A Deal Summary

Wrap Acquires Nsena

On December 16, 2020, Wrap acquired education company Nsena

Acquisition Highlights
  • This is Wrap’s 1st transaction in the Education sector.
  • This is Wrap’s 1st transaction in the United States.
  • This is Wrap’s 1st transaction in New York.

M&A Deal Summary
Date 2020-12-16
Target Nsena
Sector Education
Buyer(s) Wrap
Deal Type Add-on Acquisition

Target

Nsena

New York, New York, United States
Nsena, Inc. is a developer and provider of a law enforcement training platform employing immersive computer graphics virtual reality with proprietary software, hardware, and content. Nsena was founded in 2016 and is based in New York City.

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Buyer(S) 1

Buyer

Wrap

Tempe, Arizona, United States
Category Company
Founded 2016
Sector Electronics
Employees52
Revenue 6M USD (2023)
DESCRIPTION

Wrap offers public safety technologies and services using its BolaWrap 100 product, a hand-held remote restraint device that discharges an eight-foot bola-style Kevlar tether to restrain an individual at a distance from 10 to 25 feet. Wrap was founded in 2016 and is headquartered in Tempe, Arizona.

DEAL STATS #
Overall 1 of 2
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-30 Lumeto

Toronto, Ontario, Canada

Lumeto enables the future of work through its advanced XR simulation, training, and skills assessment platform, Involve XR. The platform enables institutions looking to deploy data-driven, enterprise-grade, immersive training and assessment across their workforce. The company currently operates across the healthcare and safety fields, enhancing learning outcomes tied to individual and team decision-making, problem-solving, de-escalation, and complex procedures. Involve XR enables enhanced levels of learner assessment and benchmarking, providing learners an efficient way to remotely re-skill, up-skill, and study in live, synchronous, immersive, scenario-based learning environments. Lumeto was formed in 2021 and is based in Toronto, Canada.

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