M&A Deal Summary

Airbnb Acquires Pencil Labs

On December 2, 2014, Airbnb acquired internet software and services company Pencil Labs

Acquisition Highlights
  • This is Airbnb’s 4th transaction in the Internet Software and Services sector.
  • This is Airbnb’s 3rd transaction in the United States.
  • This is Airbnb’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2014-12-02
Target Pencil Labs
Sector Internet Software and Services
Buyer(s) Airbnb
Deal Type Add-on Acquisition

Target

Pencil Labs

Cambridge, Massachusetts, United States
website
Pencil Labs is the creator of Wyth, an app for making schedules.

Search 177,782 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

Airbnb

San Francisco, California, United States

website

Category Company
Founded 2007
Sector Internet Software and Services
Employees6,132
Revenue 6.0B USD (2021)
DESCRIPTION

Airbnb is a hospitality company that connects travelers with landlords in markets around the world. Airbnb was incorporated in 2007 and is based in San Francisco, California.

DEAL STATS #
Overall 4 of 15
Sector (Internet Software and Services) 4 of 14
Type (Add-on Acquisition) 4 of 15
State (Massachusetts) 1 of 1
Country (United States) 3 of 11
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-13 Localmind

San Francisco, California, United States

Localmind Corp. is a location-based question and answer platform that allows users to post questions about specific locations online.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-10 Vamo

Seattle, Washington, United States

Vamo is an event discovery platform providing users with information that help them plan vacations.

Buy -
Mergr

Product

Company

Legal