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

Internet Software And ServicesCompany

Shutterfly M&A Summary

Shutterfly has acquired 11 companies of its own, including 1 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Shutterfly’s largest acquisition to date was in 2018, when it acquired Lifetouch for $825M. Shutterfly has acquired in 6 different US states. The Company’s most targeted sectors include internet software and services (40%) and business services (40%).

Shutterfly Ownership

Who owns Shutterfly?

Shutterfly is owned by Apollo Global Management. It was acquired on June 10, 2019.

Is Shutterfly PE-backed?

Yes. Shutterfly is owned by private equity investor Apollo Global Management.

Shutterfly Business Overview

Where is Shutterfly headquartered?

Shutterfly is headquartered in Redwood City, California.

What is Shutterfly’s revenue?

Shutterfly disclosed revenue of 1,962M USD for 2018 and 1,190M USD for 2017.

How many employees does Shutterfly have?

Shutterfly has 2,016 employees.

What sector is Shutterfly in?

Shutterfly is an internet software and services company.

When was Shutterfly founded?

Shutterfly was founded in 1999.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Shutterfly

Shutterfly, Inc.

2800 Bridge Parkway,
Redwood City, California 94065
United States,
(650) 610-5200
www.shutterfly.com

Shutterfly is an Internet-based social expression and personal publishing service. Shutterfly provides products and services that make it easy for consumers to preserve their digital photos in a creative and thoughtful manner. Shutterfly was formed in 1999 and is based in Redwood City, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 9 - 1 - - - 10
vol $981M $981M
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
Spoonflower, Inc. 2021-06-14 - Add-on Acquisition
Durham, North Carolina · www.spoonflower.com
Lifetouch, Inc. 2018-01-30 825M USD Add-on Acquisition
Eden Prairie, Minnesota · www.lifetouch.com
GrooveBook 2014-11-17 15M USD Add-on Acquisition
Chatsworth, California · www.groovebook.com
BorrowLenses LLC 2013-10-24 - Add-on Acquisition
San Carlos, California · www.borrowlenses.com
MyPublisher, Inc. 2013-04-30 - Add-on Acquisition
Valhalla, New York · www.mypublisher.com
piqlet 2013-04-30 - Add-on Acquisition
, United States
ThisLife LLC 2013-01-07 - Add-on Acquisition
Palo Alto, California · www.thislife.com
Penguin Digital, Inc. 2012-09-17 - Add-on Acquisition
New York, New York · www.pengu.in
Photoworks, Inc. 2011-04-27 - Divestiture
Cleveland, Ohio
Tiny Prints, Inc. 2011-04-25 141M USD Add-on Acquisition
Sunnyvale, California · www.tinyprints.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 4 (40%) 825M (84%) - -
Internet Software and Services 4 (40%) 156M (16%) - -
Consumer Services 1 (10%) - - -
Publishing 1 (10%) - - -
Total 10 $981M - -

By Geo

State/Country Buy Value Sell Value
United States 10 981M - -
  California 4 156M - -
  New York 2 - - -
  Ohio 1 - - -
  North Carolina 1 - - -
  Minnesota 1 825M - -
Total 10 $981M - -

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Evercore Group
1

Deal Values

buy # Total
$100M to $1B 2 $966M
< $100M 1 $15M
TOTAL $981M
Largest Lifetouch, Inc.
$825M (2018-01-30)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Strategic(s)
10%
1 (10%)

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