LiveXLive Acquires Custom Personalization Solutions (CPS)
October 28, 2020
LiveXLive Media, Inc. agreed to acquire 100% of Custom Personalization Solutions, LLC (CPS) in an all-stock deal valued up to $6.0 million, expected to close by December 31, 2020. CPS, a Addison, Illinois–based e-commerce personalization and licensed-merchandise business with roughly 70 employees and approximately $19 million of revenue in 2019, will expand LiveXLive's commerce capabilities and diversify revenue beyond content and advertising.
- Buyers
- LiveXLive Media, Inc.
- Targets
- Custom Personalization Solutions, LLC
- Industry
- E-Commerce
- Location
- Illinois, United States
- Transaction Type
- Buyout
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