M&A Deal Summary

OurFamilyWizard Acquires Cozi

On May 4, 2022, OurFamilyWizard acquired internet software and services company Cozi from Time

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

M&A Deal Summary
Date 2022-05-04
Target Cozi
Sector Internet Software and Services
Buyer(s) OurFamilyWizard
Sellers(s) Time
Deal Type Divestiture

Target

Cozi

Seattle, Washington, United States
website
Cozi is a technology company dedicated to simplifying everyday life, easing communication, and connecting busy families. Its signature product, Cozi Family Organizer, has more than 10 million users and is the leading solution for busy families to manage schedules and activities, track grocery, shopping, and to-do lists, plan meals and store recipes, and organize household chores and keep family memories. Cozi was formed in 2005 and is based in Seattle, Washington.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

OurFamilyWizard

Minneapolis, Minnesota, United States

website

Category Company
Founded 2001
Sector Internet Software and Services
DESCRIPTION

OurFamilyWizard is a provider of shared parenting applications. The platform allows parents to communicate, share calendars and journals, track expenses, and transmit payments. OurFamilyWizard was founded in 2001 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Time

New York, New York, United States

website

Category Company
Founded 1922
Sector Publishing
Employees7,200
Revenue 3.1B USD (2016)
DESCRIPTION

Time, Inc. is a media company that reaches more than 130 million consumers each month across multiple platforms. With influential brands such as TIME, PEOPLE, SPORTS ILLUSTRATED, InStyle, REAL SIMPLE, Wallpaper, Travel + Leisure and Food & Wine, Time Inc. is home to celebrated events and franchises including the FORTUNE 500, TIME 100, SPORTS ILLUSTRATED’s Sportsman of the Year, the Food & Wine Classic in Aspen and the ESSENCE Festival. The company is home to growing media platforms and extensions, including digital video, OTT, television, licensing, international markets, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE’s Sexiest Man Alive, SPORTS ILLUSTRATED’s Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen.

DEAL STATS #
Overall 5 of 5
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 4 of 4
State (Washington) 1 of 1
Country (United States) 5 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-09 Viant

Irvine, California, United States

Viant is an advertising technology company, that offers a cloud-based platform enabling marketers to execute and measure their digital media investments. Viant was founded in 1999 and is based in Irvine, California.

Sell -
Mergr

Product

Company

Legal