Transaction Announcement
Near Intelligence, Inc. (NASDAQ:NIR) (“Near”), a global, privacy-led data intelligence platform, was sold to funds affiliated with Blue Torch Finance LLC (“Blue Torch”) for $50.0mm through a Chapter 11 363 asset sale process.
Near curates one of the world’s largest sources of intelligence on people and places. Near’s patented technology analyzes data to deliver insights on approximately 1.6 billion unique user IDs across 70 million points of interest in more than 44 countries. With a presence in California, Paris, Bangalore, Singapore, Sydney, and Tokyo, Near serves enterprises in a diverse spectrum of industries including retail, real estate, QSR, travel, telecom, media, and more.
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Deal Team
Abe Han
Managing Director / NYC
Bob SwindellWINDELL – PENDING
Managing Director
Daniel Grundei – PENDING
Vice President
Alonso Flores-Noel – PENDING
Analyst
Caleb Yang – PENDING
Analyst