NexTech AR Solutions Acquires eCommerce Business Infinite Pet Life

April 11, 2019

NexTech AR Solutions Corp. completed the acquisition of Infinite Pet Life for $1.85 million, adding an e-commerce pet supplements business that generated $2.2 million in revenue and $600,000 in EBITDA in 2018. NexTech said the deal provides a revenue-generating platform and customer base to showcase and deploy its AR/AI eCommerce technologies, including planned AR advertising and 3D product experiences.

Buyers
NexTech AR Solutions Corp.
Targets
Infinite Pet Life
Industry
E-Commerce
Location
United States
Transaction Type
Buyout

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