M&A Deal Summary

Ablak Holdings Acquires Tulumba

On November 9, 2017, Ablak Holdings acquired e-commerce company Tulumba

Acquisition Highlights
  • This is Ablak Holdings’ 1st transaction in the E-Commerce sector.
  • This is Ablak Holdings’ 2nd transaction in the United States.
  • This is Ablak Holdings’ 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2017-11-09
Target Tulumba
Sector E-Commerce
Buyer(s) Ablak Holdings
Deal Type Add-on Acquisition

Target

Tulumba

Pittsburgh, Pennsylvania, United States
Tulumba.com is a specialty online store focused on providing high-quality international foods, products, and services. With its worldwide top quality procurement network, Tulumba.com offers not only products addressing consumers' daily needs, but also some of the most select artisan items offered by international craftsmen. Tulumba.com is the #1 Turkish eCommerce site in America.

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Buyer(S) 1

Buyer

Ablak Holdings

Pittsburgh, Pennsylvania, United States
Category Company
Sector Franchising
DESCRIPTION

Ablak Holdings, LLC is a Pittsburgh-based holding company that specializes in the acquisition, operation and growth of franchise businesses.

DEAL STATS #
Overall 2 of 2
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Sincerely Yogurt

Bridgeville, Pennsylvania, United States

Sincerely Yogurt is a healthy yogurt franchise with 23 locations.

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