M&A Deal Summary

Angi Acquires HomeAdvisor

On May 1, 2017, Angi acquired internet software and services company HomeAdvisor from IAC

Acquisition Highlights
  • This is Angi’s 1st transaction in the Internet Software and Services sector.
  • This is Angi’s 1st transaction in the United States.
  • This is Angi’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-05-01
Target HomeAdvisor
Sector Internet Software and Services
Buyer(s) Angi
Sellers(s) IAC
Deal Type Merger

Target

HomeAdvisor

Golden, Colorado, United States
HomeAdvisor, Inc. is a home services marketplace in North America. HomeAdvisor International operates in six countries through four leading brands: MyHammer in Germany, Austria, and the United Kingdom; Travaux.com in France; Werkspot in the Netherlands; and Instapro in Italy.

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Buyer(S) 1

Buyer

Angi

Denver, Colorado, United States
Category Company
Founded 2017
Sector Internet Software and Services
Employees3,800
Revenue 1.4B USD (2023)
DESCRIPTION
Angie's List's corporate headquarters in Indianapolis, Indiana.
Angie's List's corporate headquarters in Indianapolis, Indiana.

Angi is an online subscription-based service that compiles and maintains customer satisfaction reports on local service providers from its subscribers. ANGI Homeservices was founded in 2017 and is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 2
Type (Merger) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-11 Handy

New York City, New York, United States

Handy is a cloud platform for connecting individuals looking for household services with top-quality, pre-screened independent service professionals. Handy was founded in 2012 and is based in New York City.

Buy -

Seller(S) 1

SELLER

IAC

New York, New York, United States
Category Company
Sector Digital Media
Employees9,500
Revenue 4.4B USD (2023)
DESCRIPTION

IAC is a media and Internet company focused in the core areas of search, applications, online dating, local and media. IAC's network of sites have over a billion total monthly visits in more than 100 countries. The company is headquartered in the Chelsea neighborhood of New York City with business operations and satellite offices around the world. IAC is based in New York, New York.

DEAL STATS #
Overall 16 of 20
Sector (Internet Software and Services) 9 of 10
Type (Merger) 6 of 7
State (Colorado) 1 of 1
Country (United States) 15 of 19
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Shoebuy.com

Boston, Massachusetts, United States

Shoebuy.com, Inc. is an online retailer of footwear and accessories. Shoebuy has an inventory-free business model that relies on an integration of processes and data flow with over 200 manufacturers, which allows Shoebuy to feature 200,000 plus products on its site, with real time access to inventory availability, and to facilitate drop-ship of customer orders from manufacturers' warehouses directly to consumers.

Sell $70M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-30 Electus

West Hollywood, California, United States

Electus LLC is a full-service production studio focused on distributing content globally as well as across a multitude of analog and digital platforms. Electus was formed in 2009 and is based in West Hollywood, California.

Sell -
Mergr

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