6 Acquisitions in the Shopping industry

Company acquisitions in the Shopping industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 6 acquisitions that took place in the Shopping industry.

123.TV acquired by iMedia Brands

Details about the transaction:

Acquisition amount: $95,000,000

Announcement: 22 September 2021

Details about the company:

123TV coordinates cross-media consumer product auctions across television and the internet.

Headquarter:

Where to find them: Website

Industry: Auctions, Digital Entertainment, E-Commerce, Internet, Media and Entertainment, Shopping, TV

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

HYLA USA acquired by Endexx Corporation

Details about the transaction:

Acquisition amount: $10,000,000

Announcement: 31 August 2022

Details about the company:

The HYLA air and room cleaning system is imported by HYLA USA, which offers its goods in-person and online.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Home Health Care, Shopping

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Laku6 acquired by Carousell Group

Details about the transaction:

Acquisition amount: $25,000,000

Announcement: 27 July 2022

Details about the company:

Through reselling and financing, Laku6 enables the expanding middle class to affordably acquire and update cellphones.

Headquarter:

Where to find them: Website

Industry: Retail, Shopping

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

LimeRoad acquired by V-Mart Retail

Details about the transaction:

Acquisition amount: $3,786,126

Announcement: 17 October 2022

Details about the company:

a fun and interesting way to share, shop for, and find beautiful items.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Fashion, Internet, Shopping

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Reve acquired by Tipser

Details about the transaction:

Acquisition amount: $3,000,000

Announcement: 15 January 2020

Details about the company:

Reve was a direct-to-consumer platform where businesses could sign up to sell without integration to customers.

Headquarter:

Where to find them: Website

Industry: Apps, Computer Vision, E-Commerce, Marketplace, Mobile, Search Engine, Shopping

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Silk & Snow acquired by Sleep Country Canada

Details about the transaction:

Acquisition amount: $17,637,527

Announcement: 20 December 2022

Details about the company:

A firm called Silk & Snow offers furniture and other home goods online.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Furniture, Retail, Shopping

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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