M&A Deal Summary

123RF Acquires Vectr Labs

On November 20, 2017, 123RF acquired internet software and services company Vectr Labs

Acquisition Highlights
  • This is 123RF’s 2nd transaction in the Internet Software and Services sector.
  • This is 123RF’s 2nd transaction in the United States.
  • This is 123RF’s 1st transaction in California.

M&A Deal Summary

Date 2017-11-20
Target Vectr Labs
Sector Internet Software and Services
Buyer(s) 123RF
Deal Type Add-on Acquisition

Target

Vectr Labs

San Francisco, California, United States
Vectr Labs, Inc. is an online vector based design company. Vectr provides an online tool for designers to easily make and share vector based graphics. Vectr Labs, Inc. was established in 2014 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

123RF

Humayun Nagar, India

Category Company
Founded 2005
Sector Business Services
DESCRIPTION

123RF Ltd. is a royalty-free digital stock agency. 123RF provides services to individuals and businesses from more than 40 locations worldwide tell their stories using creative imagery, sounds and motion contributed by talents from around the world. 123RF was founded in 2005 and is based in Humayun Nagar, India.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-24 Pixlr

Stockholm, Sweden

Pixlr is a provider of cloud-based image tools and utilities such as photo editing tool Pixlr Editor, Pixlr Express, Pixlr iOS/Android App and Pixlr-O-Matic. Pixlr was founded in 2008 and is based in Stockholm, Sweden.

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