Pitney Bowes - M&A Summary and Business Overview

Business ServicesCompany

Pitney Bowes M&A Summary

Pitney Bowes has acquired 27 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 7 assets.

Pitney Bowes’ largest acquisition to date was in 2017, when it acquired Newgistics for $475M. It’s largest disclosed sale occurred in 2019, when it sold Pitney Bowes - Software Solutions Business to Precisely for $700M. Pitney Bowes has acquired in 12 different US states, and 5 countries. The Company’s most targeted sectors include internet software and services (31%) and communications (20%).

Pitney Bowes Business Overview

Where is Pitney Bowes headquartered?

Pitney Bowes is headquartered in Stamford, Connecticut.

What is Pitney Bowes’ revenue?

Pitney Bowes disclosed revenue of 3,538M USD for 2022 and 3,674M USD for 2021.

How many employees does Pitney Bowes have?

Pitney Bowes has 11,500 employees.

What sector is Pitney Bowes in?

Pitney Bowes is a business services company.

When was Pitney Bowes founded?

Pitney Bowes was founded in 1920.

M&A Summary

  • M&A Total Activity33
    • M&A Buy Activity26
    • M&A Sell Activity7
  • Total Sectors Invested 10
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 16
  • M&A Advisors 2

Pitney Bowes

Pitney Bowes, Inc.

3001 Summer Street,
Stamford, Connecticut 06926
United States,
(203) 356-5000
www.pitneybowes.com

Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Many of the company's solutions are delivered on open platforms to best organize, analyze and apply both public and proprietary data to two-way customer communications. Pitney Bowes includes direct mail, transactional mail and call center communications in its solution mix along with digital channel messaging for the Web, email and mobile applications. Pitney Bowes was founded in 1920 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 25 - 1 - - - 26
vol $2.5B $2.5B
Sell (0.2/yr) # 6 - 1 - - - 7
vol $1.8B $1.8B
  33

Most Recent M&A

Company Date Value Type
Cresco Data Pte Ltd. 2021-11-04 - Add-on Acquisition
Singapore, Singapore · www.crescodata.com
Tacit Knowledge 2021-05-29 - Divestiture
London, United Kingdom · www.tacitknowledge.com
Pitney Bowes, Inc. - Software Solutions Business 2019-08-26 700M USD Divestiture
Stamford, Connecticut
DMT Solutions Global Corp. 2018-04-30 361M USD Divestiture
Danbury, Connecticut · www.bluecrestinc.com
Newgistics, Inc. 2017-09-06 475M USD Add-on Acquisition
Austin, Texas · www.newgistics.com
PPS Business Corp. (dba ProSORT Services) 2017-02-15 - Divestiture
Naperville, Illinois · www.prosort.com
Maponics LLC 2016-07-25 - Add-on Acquisition
White River Junction, Vermont · www.maponics.com
Enroute Systems Corp. 2016-01-12 - Add-on Acquisition
Bellevue, Washington · www.enroutecorp.com
Borderfree, Inc. 2015-06-10 - Add-on Acquisition
Shelton, Connecticut · www.borderfree.com
MYMOVE, LLC 2015-05-11 310M USD Divestiture
Fort Mill, South Carolina · www.mymove.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 8 (31%) 502M (20%) - -
Communications 5 (19%) 507M (20%) - -
Information Technology 3 (12%) 472M (19%) 2 (29%) 400M (23%)
Business Services 2 (8%) 47M (2%) 2 (29%) -
Software 2 (8%) 362M (14%) 1 (14%) 700M (40%)
Marketing 2 (8%) 40M (2%) - -
Consumer Services 1 (4%) 230M (9%) 1 (14%) 310M (18%)
E-Commerce 1 (4%) - - -
Electronics 1 (4%) 67M (3%) - -
Energy Services and Equipment 1 (4%) 290M (12%) - -
Machinery - - 1 (14%) 361M (20%)
Total 26 $2.5B 7 $1.8B

By Geo

State/Country Buy Value Sell Value
United States 19 1.9B 5 1.8B
  Michigan 4 51M - -
  Connecticut 1 - 2 1.1B
  Washington 2 47M - -
  New York 2 501M - -
  Maryland 2 371M - -
  Indiana 2 - - -
  Texas 1 475M 1 400M
  South Carolina 1 230M 1 310M
  Vermont 1 - - -
  Rhode Island 1 67M - -
  Nebraska 1 130M - -
  Illinois 1 - - -
  New Jersey - - 1 -
United Kingdom 2 331M 1 -
Canada 2 40M - -
  Ontario 2 40M - -
France 2 275M - -
Singapore 1 - - -
Spain - - 1 -
Domestic 19 (73%) 1.9B (74%) 5 (71%) 1.8B (100%)
Cross-border 7 (27%) 646M (26%) 2 (29%) -
Total 26 $2.5B 7 $1.8B

Top M&A Advisors

Financial Deals
Goldman Sachs
 1
Legal Deals
Debevoise & Plimpton
 1

Deal Values

buy # Total
$100M to $1B 7 $2.2B
< $100M 8 $352M
TOTAL $2.5B
Largest Newgistics, Inc.
$475M (2017-09-06)
sell # Total
$100M to $1B 4 $1.8B
TOTAL $1.8B
Largest Pitney Bowes, Inc. - Software Solutions Business
$700M (2019-08-26)

M&A Connections

Deals
Acquired from
Investor(s)
12%
3 (12%)
Strategic(s)
15%
4 (15%)
Divested to
Investor(s)
57%
4 (57%)
Strategic(s)
43%
3 (43%)

Company Summary

SECTOR

Business Services

Revenue

3,538   4% 2022
3,674   4% 2021
3,554   11% 2020
3,205   10% 2019
3,522   1% 2018
3,550   5% 2017
3,407   5% 2016
3,578   7% 2015
3,822   1% 2014
3,791   1% 2013
3,823   2012
(millions of USD) Show More Show Less

Employees

11,500

Established

1920

Public

NYSE: PBI

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Pitney Bowes

Connecticut Companies , Business Services Companies , United States Companies , Connecticut Business Services Companies , Connecticut Business Services with Acquisitions , Connecticut Business Services with Divestitures

Related Lists for Connecticut Companies

Largest Connecticut Companies , Acquisitive Connecticut Companies , Recently Acquired Connecticut Companies , Recently Sold Connecticut Companies , Private Connecticut Companies , Public Connecticut Companies , Acquired Connecticut Companies , PE Backed Connecticut Companies

Related Lists for Business Services Companies

Largest Business Services Companies , Acquisitive Business Services Companies , Recently Acquired Business Services Companies , Recently Sold Business Services Companies , Private Business Services Companies , Public Business Services Companies , Acquired Business Services Companies , PE Backed Business Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal