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  6. ZipLine Acquires SmartClixx

M&A Deal Summary

ZipLine Acquires SmartClixx

On July 8, 2019, ZipLine acquired software company SmartClixx

Acquisition Highlights
  • This is ZipLine’s 1st transaction in the Software sector.
  • This is ZipLine’s 1st transaction in the United States.
  • This is ZipLine’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-07-08
Target SmartClixx
Sector Software
Buyer(s) ZipLine
Deal Type Add-on Acquisition

Target

SmartClixx

Boca Raton, Florida, United States
SmartClixx is known for its highly configurable and customizable 'closed-loop' stored value software platform, which offers a unique proprietary solution for the issuance of gift cards and customer service refunds and returns. The SmartClixx solution is currently installed in numerous nationally and internationally recognized retail brands, processing more than a billion dollars of stored value card transactions annually, through thousands of locations. SmartClixx services global brands such as Chico's, Lord & Taylor, Saks Fifth Avenue, Belk, and Books-A-Million, among others.

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Buyer(S) 1

Buyer

ZipLine

Portland, Maine, United States
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

ZipLine, Inc. is a provider of mobile payment technology services. ZipLine processes over six million transactions a month for retailers like Circle K, Cumberland Farms, Irving Oil, Giant Eagle (GetGo), and Spinx. ZipLine was founded in 2004 and is based in Portland, Maine.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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