Pluribus Technologies Acquires Social5
January 31, 2022
Pluribus Technologies Corp. (TSXV: PLRB) has acquired all issued and outstanding shares of Veemo, Inc., the sole member of Social5, a profitable social media marketing technology company serving SMBs. The acquisition is part of Pluribus' roll-up strategy in the eCommerce vertical to expand recurring revenue, leverage proprietary content-distribution technology and create cross-selling opportunities across its portfolio.
- Buyers
- Pluribus Technologies Corp.
- Targets
- Social5
- Sellers
- Current shareholders of Social5
- Industry
- Marketing & Advertising
- Location
- Utah, United States
- Transaction Type
- Buyout
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