Spotify - M&A Summary and Business Overview

Digital MediaCompany

Spotify M&A Summary

Spotify has acquired 28 companies, including 15 in the last 5 years.

Spotify’s largest acquisition to date was in 2019, when it acquired Gimlet Media for $200M. Spotify has acquired in 5 different US states, and 6 countries. The Company’s most targeted sectors include internet software and services (58%) and digital media (29%).

Spotify Business Overview

Where is Spotify headquartered?

Spotify is headquartered in Luxembourg, Luxembourg.

What is Spotify’s revenue?

Spotify disclosed revenue of 7,880M EUR for 2020 and 6,764M EUR for 2019.

How many employees does Spotify have?

Spotify has 5,584 employees.

What sector is Spotify in?

Spotify is a digital media company.

When was Spotify founded?

Spotify was founded in 2006.

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity28
  • Total Sectors Invested 5
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 1

Spotify

Spotify Technology S.A.

42-44, avenue de la Gare,
Luxembourg, 1610
Luxembourg,
+44 2032 879 990
www.spotify.com

Spotify is an internet audio streaming subscription service provider. Spotify was incorporated in 2006 and is headquartered in Luxembourg.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (2.2/yr) # 17 2 4 5 - - 28
vol $200M $200M
Sell (0.0/yr) # - - - - - - 0
  28

Most Recent M&A

Company Date Value Type
Kinzen Ltd. 2022-10-05 - Add-on Acquisition
Dublin, Ireland · www.kinzen.com
Heardle 2022-07-12 - Add-on Acquisition
London, United Kingdom · www.heardle.app
Sonantic Ltd. 2022-06-13 - Add-on Acquisition
London, United Kingdom · www.sonantic.io
Chartable Holding, Inc. 2022-02-16 - Add-on Acquisition
New York, New York · www.chartable.com
Podsights 2022-02-16 - Add-on Acquisition
New York, New York · www.podsights.com
Whooshkaa Pty Ltd. 2021-12-16 - Add-on Acquisition
Surry Hills, Australia · www.whooshkaa.com
Findaway 2021-11-11 - Add-on Acquisition
Solon, Ohio · www.findaway.com
Podz 2021-06-17 - Add-on Acquisition
New York, New York · www.listentopodz.com
Betty Labs 2021-03-30 - Add-on Acquisition
Los Angeles, California · www.bettylabs.io
Megaphone LLC 2020-11-10 - Divestiture
Washington, District of Columbia · www.megaphone.fm
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 16 (59%) - - -
Digital Media 8 (30%) 200M (100%) - -
Information Technology 1 (4%) - - -
Marketing 1 (4%) - - -
Software 1 (4%) - - -
Total 27 $200M - -

By Geo

State/Country Buy Value Sell Value
United States 19 200M - -
  New York 10 200M - -
  California 6 - - -
  Ohio 1 - - -
  Massachusetts 1 - - -
  District of Columbia 1 - - -
United Kingdom 4 - - -
Ireland 2 - - -
Australia 1 - - -
France 1 - - -
Sweden 1 - - -
Domestic - - - -
Cross-border 28 (100%) 200M (100%) - -
Total 28 $200M - -

Deal Values

buy # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest Gimlet Media Inc.
$200M (2019-02-06)

M&A Connections

Deals
Acquired from
Strategic(s)
4%
1 (4%)

Company Summary

SECTOR

Digital Media

Revenue

7,880   17% 2020
6,764   29% 2019
5,259   29% 2018
4,090   2017
(millions of EUR) Show More Show Less

Employees

5,584

Established

2006

Public

NYSE: SPOT

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Related Lists for Spotify

Digital Media Companies , Luxembourg Companies

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