M&A Deal Summary

Shopify Acquires Deliverr

On May 5, 2022, Shopify acquired internet software and services company Deliverr for 2.1B USD

Acquisition Highlights
  • This is Shopify’s 4th transaction in the Internet Software and Services sector.
  • This is Shopify’s largest (disclosed) transaction.
  • This is Shopify’s 6th transaction in the United States.
  • This is Shopify’s 2nd transaction in California.

M&A Deal Summary
Date 2022-05-05
Target Deliverr
Sector Internet Software and Services
Buyer(s) Shopify
Deal Type Add-on Acquisition
Deal Value 2.1B USD

Target

Deliverr

San Francisco, California, United States
website
Deliverr is a fulfillment technology provider. Deliverr’s logistics network delivers more than a million orders per month for thousands of merchants across the U.S. Deliverr was formed in 2017 and is headquartered in San Francisco, California.

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Buyer(S) 1

Buyer

Shopify

Ottawa, Ontario, Canada

website

Category Company
Founded 2004
Sector Internet Software and Services
Employees7,000
Revenue 5.6B USD (2022)
DESCRIPTION

Shopify is a provider of e-commerce software tools and solutions for small to large sized companies globally. Shopify was founded in 2004 and is based in Ottawa, Canada.

DEAL STATS #
Overall 11 of 11
Sector (Internet Software and Services) 4 of 4
Type (Add-on Acquisition) 10 of 10
State (California) 2 of 2
Country (United States) 6 of 6
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-09 6 River Systems

Waltham, Massachusetts, United States

6 River Systems, Inc. is a provider of collaborative warehouse fulfillment solutions. 6 River Systems, Inc. was founded in 2015 and is based in Waltham, Massachusetts.

Buy $450M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Shopify Logistics

Ottawa, Ontario, Canada

Shopify Logistics is a provider of technology platform helps to plan, visualize and execute the movement of goods from manufacturer to the customer's store or door.

Sell -
Mergr

Product

Company

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