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Study: M&A activity in retail mobile payments rises
Greenwich, Conn. – Merger and acquisition (M&A) dealflow in the retail mobile payment sector has risen 500% between 2009 and 2013, while investment dealflow has grown 300%. According to data from Mooreland Partners, a mid-market investment bank specializing in technology deals, there were 232 M&A deals in this sector from 2009-213, and 259 from 1999-2013.
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Swift Communications invests in digital marketing provider Engage3
San Francisco - Swift Communications, a multi-platform publisher based in Carson City, Nevada, is making a strategic investment in Engage3, a retail intelligence and digital marketing solution provider. The two companies are also working together to identify retailer and supplier partners in the markets Swift serves to drive additional consumer value.
The amount of the investment, which closed earlier this month and will be used to expand the features of Engage3’s solutions, was not released.