M&A Deal Summary

Remark Holdings Acquires VEGAS.com

On September 25, 2015, Remark Holdings acquired e-commerce company VEGAS.com from The Greenspun

Acquisition Highlights
  • This is Remark Holdings’ 1st transaction in the E-Commerce sector.
  • This is Remark Holdings’ 5th transaction in the United States.
  • This is Remark Holdings’ 3rd transaction in Nevada.
Investment Fate
  • VEGAS.com was divested to a strategic buyer in 2019 for 45M USD.

M&A Deal Summary
Date 2015-09-25
Target VEGAS.com
Sector E-Commerce
Buyer(s) Remark Holdings
Sellers(s) The Greenspun
Deal Type Divestiture

Target

VEGAS.com

Las Vegas, Nevada, United States
website
VEGAS.com is a direct-to-consumer e-tailer of show tickets to over 200 shows in Las Vegas through www.vegas.com and www.lasvegas.com. The Company also offers travel and lodging bookings. VEGAS.com was established in 1998 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Remark Holdings

Las Vegas, Nevada, United States

website

Category Company
Founded 2006
Sector Digital Media
Employees77
Revenue 16M USD (2021)
DESCRIPTION

Remark Holdings, Inc. is a digital media company focused on creating destinations that merge engaging content with rich social interaction. Remark Media is the exclusive digital publisher in China and Brazil for translated content from HowStuffWorks.com, a subsidiary of Discovery Communications, and in China for certain content from World Book. Remark Holdings was founded in 2006 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 5 of 6
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 3 of 3
Country (United States) 5 of 5
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-07 Hotelmobi

Las Vegas, Nevada, United States

Hotelmobi, Inc. is a developer and operator of hotel booking applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 China Branding Group

Shanghai, China

China Branding Group Ltd. is a provider of localized international live events content, social media content, and hollywood and related video content into the china marketplace.

Buy $8M

Seller(S) 1

SELLER

The Greenspun

Henderson, Nevada, United States

website

Category Company
Founded 1950
Sector Media
DESCRIPTION

The Greenspun Corporation, Inc. is a provider of media services.

DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

Product

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