We reach out to a variety of apps across app stores and categories when we are looking to add to our app portfolio. Our acquisition process is efficient and usually takes less than 2 weeks.
We reach out to apps that pass our initial screening and are in our target categories. Typically we need to confirm key metrics with the developer in order to formulate a bid.
We then share a bid price or range with the developer who can then choose whether to continue discussions.
Upon agreement on price, we conduct a more detailed due diligence to validate user and revenue metrics. Then we draft and share a purchase agreement.
We use major international escrow services to secure and transfer payment in parallel with app transfer. Note we have acquired app businesses from around the world and can work with business owners in ANY market.