M&A Deal Summary

OfferUp Acquires letgo

On March 26, 2020, OfferUp acquired internet software and services company letgo

Acquisition Highlights
  • This is OfferUp’s 1st transaction in the Internet Software and Services sector.
  • This is OfferUp’s 1st transaction in the United States.
  • This is OfferUp’s 1st transaction in Delaware.

M&A Deal Summary
Date 2020-03-26
Target letgo
Sector Internet Software and Services
Buyer(s) OfferUp
Deal Type Add-on Acquisition

Target

letgo

Wilmington, Delaware, United States
website
Ambatana Holdings BV is an online mobile marketplace for secondhand goods. Ambatana Holdings was founded in 2015 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

OfferUp

Bellevue, Washington, United States

website

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

OfferUp is a mobile marketplace for local buyers and sellers in the country. The company offers free iOS and Android apps that make selling an item as easy as snapping a picture from your mobile device. OfferUp was founded in 2011 and is based in Bellevue, Washington.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

Product

Company

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