Benjamin Capital Partners Acquires New Thing Co.

September 19, 2024

Benjamin Capital Partners has acquired New Thing Co., an Austin-based augmented reality (AR) rewards technology provider, to integrate AR into the Benjamin app's consumer cash-rewards 'Money Moments' marketplace. The acquisition brings New Thing's founders into Benjamin's product and engineering leadership and follows a $13 million financing round to scale the app and expand into new verticals including commerce, payments and advertising.

Buyers
Benjamin Capital Partners
Targets
New Thing Co.
Location
Texas, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.