M&A Deal Summary

Intuit Acquires MailChimp

On September 13, 2021, Intuit acquired internet software and services company MailChimp for 12.0B USD

Acquisition Highlights
  • This is Intuit’s 25th transaction in the Internet Software and Services sector.
  • This is Intuit’s largest (disclosed) transaction.
  • This is Intuit’s 48th transaction in the United States.
  • This is Intuit’s 3rd transaction in Georgia.

M&A Deal Summary
Date 2021-09-13
Target MailChimp
Sector Internet Software and Services
Buyer(s) Intuit
Deal Type Add-on Acquisition
Deal Value 12.0B USD
Advisor(s) Qatalyst Partners (Financial)
King & Spalding (Legal)

Target

MailChimp

Atlanta, Georgia, United States
MailChimp is a provider of email marketing and automation software and services. The Company was formed in 2001 and is headquartered in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Intuit

Mountain View, California, United States
Category Company
Founded 1983
Sector Software
Employees17,300
Revenue 14.4B USD (2023)
DESCRIPTION
Intuit's corporate headquarters in Mountain View, California.
Intuit's corporate headquarters in Mountain View, California.

Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.

DEAL STATS #
Overall 54 of 55
Sector (Internet Software and Services) 25 of 25
Type (Add-on Acquisition) 50 of 51
State (Georgia) 3 of 3
Country (United States) 48 of 49
Year (2021) 1 of 1
Size (of disclosed) 1 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 TradeGecko Pte.

Singapore, Singapore

TradeGecko is an inventory and order management platform that makes omnichannel commerce easy for entrepreneurs, founders and independent brands to build amazing businesses. Its cloud-based inventory and order management solution gives SMBs the commerce superpowers needed to compete Speed, Scale, and Smart Insights. By providing the tools for brands to automate their workflows, gain instant global reach, and make data-driven decisions. TradeGecko was formed in 2012 and is based in Singapore, Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 SeedFi

San Francisco, California, United States

SeedFi is a financial health startup that provides financial products. SeedFi was founded in 2019 and is based in San Francisco, California.

Buy -
Mergr

Product

Company

Legal