M&A Deal Summary

Automattic Acquires Beeper

On April 9, 2024, Automattic acquired internet software and services company Beeper for 125M USD

Acquisition Highlights
  • This is Automattic’s 22nd transaction in the Internet Software and Services sector.
  • This is Automattic’s largest (disclosed) transaction.
  • This is Automattic’s 22nd transaction in the United States.
  • This is Automattic’s 7th transaction in California.

M&A Deal Summary
Date 2024-04-09
Target Beeper
Sector Internet Software and Services
Buyer(s) Automattic
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

Beeper

Palo Alto, California, United States
website
Beeper is a developer of a universal chat app, allowing users to message through a variety of platforms from one application. Beeper was formed in 2020 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Automattic

San Francisco, California, United States

website

Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

Automattic is a provider of website building and blogging tools as well as a hosting provider for small and medium sized businesses. Automattic was formed in 2005 and is headquartered in San Francisco, California.

DEAL STATS #
Overall 25 of 25
Sector (Internet Software and Services) 22 of 22
Type (Add-on Acquisition) 23 of 23
State (California) 7 of 7
Country (United States) 22 of 22
Year (2024) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 Texts

San Francisco, California, United States

Texts offers end-to-end encryption, as well as some delightful features, like scheduling messages to send when your recipient is awake, or the ability to mark as unread on services. Texts is based in San Francisco, California.

Buy $50M
Mergr

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