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Snap - M&A Summary and Business Overview

Internet Software And ServicesCompany

Snap M&A Summary

Snap has acquired 18 companies, including 5 in the last 5 years. It has also divested 1 asset.

Snap’s largest acquisition to date was in 2017, when it acquired Zenly SAS for $213M. Snap has acquired in 2 different US states, and 7 countries. The Company’s most targeted sectors include internet software and services (56%) and software (17%).

Snap Business Overview

Where is Snap headquartered?

Snap is headquartered in Santa Monica, California.

What is Snap’s revenue?

Snap disclosed revenue of 4,606M USD for 2023 and 4,602M USD for 2022.

How many employees does Snap have?

Snap has 5,289 employees.

What sector is Snap in?

Snap is an internet software and services company.

When was Snap founded?

Snap was founded in 2010.

M&A Summary

  • M&A Total Activity19
    • M&A Buy Activity18
    • M&A Sell Activity1
  • Total Sectors Invested 6
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 1

Snap

Snap, Inc.

3000 31st Street,
Santa Monica, California 90405
United States,
(310) 399-3339
www.snap.com

Snap is the developer of Snapchat, a camera application that was created to help people communicate through short videos and images. The Company calls each of those short videos or images a Snap. Snapchat opens directly into the Camera, making it easy to create a Snap and send it to friends. Snaps are deleted by default, so there is a lot less pressure to look pretty or perfect when creating and sending images on Snapchat. Snap offer lots of creative tools like lenses, geofilters, and bitmojis that allow its community to express themselves through Snaps. Lenses are interactive animations that are overlaid on a person’s face or the world around them. Geofilters are artistic filters that can be applied after a Snap is taken at pre-defined times and locations. Bitmojis are cartoon likenesses of a user that are created in the Bitmoji application. Snap was formed in 2010 and is based in Santa Monica, California.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 15 2 1 - - - 18
vol $803M $803M
Sell (0.0/yr) # 1 - - - - - 1
  19
+17018.617.617.81818.218.418.81919.219.40

Most Recent M&A

Company Date Value Type
NextMind SAS 2022-03-23 - Add-on Acquisition
Paris, France · www.next-mind.com
WaveOptics Ltd. 2021-05-21 - Add-on Acquisition
Oxford, United Kingdom · www.enhancedworld.com
Fit Analytics GmbH 2021-03-17 - Add-on Acquisition
Berlin, Germany · www.fitanalytics.com
Voisey Entertainment Limited 2020-11-19 - Add-on Acquisition
London, United Kingdom · www.voisey.app
Voca AI Ltd. 2020-11-11 - Add-on Acquisition
Herzliya, Israel · www.voca.ai
Placed, Inc. 2019-05-30 - Divestiture
Seattle, Washington · www.placed.com
Metamarkets Group 2017-11-03 - Add-on Acquisition
San Francisco, California · www.metamarkets.com
Strong.Codes SA 2017-07-21 - Add-on Acquisition
Yverdon-les-Bains, Switzerland · www.strong.codes
Zenly SAS 2017-06-22 213M USD Add-on Acquisition
Paris, France · www.zen.ly
Placed, Inc. 2017-06-05 135M USD Add-on Acquisition
Seattle, Washington · www.placed.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 10 (56%) 638M (79%) 1 (100%) -
Software 3 (17%) 150M (19%) - -
Technology Hardware 2 (11%) 15M (2%) - -
Business Services 1 (6%) - - -
Electronics 1 (6%) - - -
Marketing 1 (6%) - - -
Total 18 $803M 1 -

By Geo

State/Country Buy Value Sell Value
United States 9 490M 1 -
  California 8 355M - -
  Washington 1 135M 1 -
France 2 213M - -
Israel 2 - - -
United Kingdom 2 - - -
Canada 1 100M - -
  Ontario 1 100M - -
Germany 1 - - -
Switzerland 1 - - -
Domestic 9 (50%) 490M (61%) 1 (100%) -
Cross-border 9 (50%) 313M (39%) - -
Total 18 $803M 1 -

Deal Values

buy # Total
$100M to $1B 4 $608M
< $100M 4 $195M
TOTAL $803M
Largest Zenly SAS
$213M (2017-06-22)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Internet Software and Services

Revenue

4,606   1% 2023
4,602   12% 2022
4,117   65% 2021
2,507   47% 2020
1,716   46% 2019
1,180   44% 2018
825   105% 2017
404   585% 2016
59   2015
(millions of USD) Show More Show Less

Employees

5,289

Established

2010

Public

NYSE: SNAP

Former Name

Snapchat, Inc.

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