In the final stretch of 2018, Philly-based accelerator Dreamit saw three of its portfolio companies get acquired in deals that totaled an eye-popping $600 million.
First up it was Boston-based LevelUp, a payment tech company that got picked up by GrubHub in September 2018 for $390 million. Then, over the holidays, adtech company Adaptly inked its deal to be acquired by consulting giant Accenture for an undisclosed amount. Ringing in 2019, PR analytics firm Trendkite — an Austin-based PR analytics firm founded by QuotaPath founder AJ Bruno — closed its sale to PR media company Cision for $225 million.
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