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New Deal


Announced

Completed

Society Pass completed the acquisition of Thoughtful Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Online and Social Platforms

United States

Cross Border

Single Bidder

Acquisition

Private

Friendly

social networks

Majority

Completed

Synopsis

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Society Pass, a data-driven loyalty platform, completed the acquisition of Thoughtful Media, an operator of a multi-channel YouTube network. Financial terms were not disclosed. “We are thrilled to have Thoughtful Media join the ever-expanding SoPa ecosystem. Thoughtful Media’s social commerce-focused business model perfectly complements our future growth strategy for Society Pass as we drive consumer eyeballs and generate revenues for riveting consumer brands throughout Southeast Asia. In addition, Society Pass is excited to complete our first Thailand acquisition and look forward to launching our SoPa loyalty platform to the 65m consumers in Thailand," Dennis Nguyen, Society Pass Founder, Chairman, and CEO.

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