February is all about love and partnerships, and NYC tech companies are feeling the love. A number of startups recently announced acquisitions of their own, and they’re celebrating the fusion of some of the city’s most innovative companies.
Acquisition date: Feb. 21
News: NYC-based DoubleVerify provides software and analytics that help companies measure their marketing. On Thursday, they announced the acquisition of Zentrick, a Belgium-based digital video technology company whose solutions will add value to DoubleVerify’s services. The Zentrick engineering teams will continue working out of their Belgium office. [Press release]
Acquisition date: Feb. 19
News: Commercial real estate company Squarefoot announced they have acquired PivotDesk, a marketplace that connects companies with excess space to companies that need it. Terms of the deal were not disclosed, but it seems like a match made in heaven given Squarefoot’s proprietary technology that helps modernize the leasing process for tenants. [Press release]
Acquisition date: Feb. 15
News: Wellness-obsessed media brand Greatist announced they have been acquired by San Francisco-based Healthline, a consumer health website with a portfolio of brands focused on wellness content. Over the past six years, Healthline has grown more than six times in revenue and 50 times in organic audience reach. The Greatist brand is expected to evolve as it transitions to Healthline’s editorial model. Terms of the deal were not disclosed. [Press release]
Acquisition date: Feb. 13
News: IT services provider Abacus Group announced they have acquired their competitor Proactive Technologies. As a result, the combined company is set to be the largest provider of IT services for hedge funds and private equity firms in the New York metro region. Terms of the deal were not disclosed. [PE Hub]