Fitbit - M&A Summary, Ownership, and Business Overview

ElectronicsCompany

Fitbit M&A Summary

Fitbit has acquired 3 companies of its own. A total of 1 acquisition came from private equity firms.

Fitbit’s largest acquisition to date was in 2015, when it acquired FitStar Labs for $18M. Fitbit has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include consumer products (67%) and software (34%).

Fitbit Ownership

Who owns Fitbit?

Fitbit is owned by Alphabet. It was acquired on November 1, 2019.

Fitbit Business Overview

Where is Fitbit headquartered?

Fitbit is headquartered in San Francisco, California.

What is Fitbit’s revenue?

Fitbit disclosed revenue of 1,512M USD for 2018 and 1,616M USD for 2017.

How many employees does Fitbit have?

Fitbit has 1,638 employees.

What sector is Fitbit in?

Fitbit is an electronics company.

When was Fitbit founded?

Fitbit was founded in 2007.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

Fitbit

Fitbit, Inc.

199 Fremont Street 14th Floor,
San Francisco, California 94105
United States,
(415) 513-1000
www.fitbit.com

Fitbit is a provider of fitness products for consumers. The Company was formed in 2007 and is based in San Francisco. Fitbit was founded in 2007 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $18M $18M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Twine Health, Inc. 2018-02-13 - Add-on Acquisition
Cambridge, Massachusetts · www.twinehealth.com
Vector Watch UK Ltd. 2017-01-10 - Add-on Acquisition
London, United Kingdom · www.vectorwatch.com
FitStar Labs, Inc. 2015-03-05 18M USD Add-on Acquisition
San Francisco, California · www.fitstar.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 2 (67%) - - -
Software 1 (33%) 18M (100%) - -
Total 3 $18M - -

By Geo

State/Country Buy Value Sell Value
United States 2 18M - -
  Massachusetts 1 - - -
  California 1 18M - -
United Kingdom 1 - - -
Domestic 2 (67%) 18M (100%) - -
Cross-border 1 (33%) - - -
Total 3 $18M - -

Deal Values

buy # Total
< $100M 1 $18M
TOTAL $18M
Largest FitStar Labs, Inc.
$18M (2015-03-05)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)

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