Springbig said it has set acquisition criteria, targeting strategic transactions with private companies valued at $10 million to $50 million.
- The focus is on established operators seeking access to the U.S. public markets, with growth capital as a core part of the platform.
- Screening priorities include scalable business models, meaningful revenue or a clear commercialization path, auditable financials, and strong management teams.
- Existing shareholders may keep a meaningful equity stake, depending on the deal structure and terms.
- The review process is active, with multiple opportunities under evaluation and new submissions invited on a confidential, nonbinding basis.