M&A Deal Summary

Auction Technology Group Acquires Auction Mobility

On October 22, 2020, Auction Technology Group acquired software company Auction Mobility

Acquisition Highlights
  • This is Auction Technology Group’s 1st transaction in the Software sector.
  • This is Auction Technology Group’s 3rd transaction in the United States.
  • This is Auction Technology Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2020-10-22
Target Auction Mobility
Sector Software
Buyer(s) Auction Technology Group
Deal Type Add-on Acquisition

Target

Auction Mobility

Boston, Massachusetts, United States
Auction Mobility LLC is a mobile and tablet auction platform, providing clients with a unique digital experience to promote their brand across mobile, tablet, and the web. Auction Mobility eliminates the distinction between 'live' and 'in-person' auction buyers by enabling them to participate equally in auctions via phone and tablet apps.

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Buyer(S) 1

Buyer

Auction Technology Group

London, United Kingdom
Category Company
Founded 1971
Sector E-Commerce
Employees342
Revenue 135M GBP (2023)
DESCRIPTION

Auction Technology Group is an online marketplace that provides online auction platforms in multiple verticals. ATG's platform powers live and timed auctions across multiple verticals including art and antiques, classic cars, industrial & commercial, and consumer retail returns. Auction Technology Group was incorporated in 1971 and is based in London, United Kingdom.

DEAL STATS #
Overall 3 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Massachusetts) 1 of 1
Country (United States) 3 of 4
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-14 Proxibid

Omaha, Nebraska, United States

Proxibid is an online marketplace for buying and selling highly valued items. Proxibid’s Marketplace supports 16 categories, including heavy equipment, industrial machinery, real estate, fine art, antiques and collectibles, and more. Proxibid was established in 2001 and is based in Omaha, Nebraska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 LiveAuctioneers

New York, New York, United States

LiveAuctioneers is a provider of online live-auction sources for fine and decorative art, antiques, jewelry, and vintage collectible. LiveAuctioneers digitally connects an audience of millions with the live-bidding action at more than 5,000 premier auction houses and galleries in 59 countries, providing an expertly curated, globally trusted marketplace of exceptional items. LiveAuctioneers was founded in 2002 and is based in New York City.

Buy -
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