M&A Deal Summary

Block Acquires Evenly

On December 11, 2013, Block acquired internet software and services company Evenly

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

M&A Deal Summary

Date 2013-12-11
Target Evenly
Sector Internet Software and Services
Buyer(s) Block
Deal Type Add-on Acquisition

Target

Evenly

San Francisco, California, United States
Evenly is a web-based service to divide payments amongst a group of people.

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Buyer(S) 1

Buyer

Block

San Francisco, California, United States

Category Company
Founded 2009
Sector Financial Services
Employees12,400
Revenue 24.1B USD (2024)
DESCRIPTION

Block is a financial services and mobile payments company that provides a range of services to help businesses manage their payments, including hardware and software solutions for point-of-sale transactions, online payments, and invoicing. The Company's flagship product is the Square Reader, a small device that attaches to smartphones or tablets to enable credit and debit card payments. Block was formed in 2009 and is based in San Francisco, California.


DEAL STATS #
Overall 2 of 17
Sector: Internet Software and Services M&A 2 of 12
Type: Add-on Acquisition M&A Deals 2 of 16
State: California M&A 1 of 9
Country: United States M&A 2 of 15
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 Viewfinder

Seattle, Washington, United States

Viewfinder is a platform that enables you to organize and share memories with friends.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-26 BookFresh

San Francisco, California, United States

BookFresh is an online scheduling and appointment booking software for small businesses. BookFresh's software helps local sellers create a seamless, self-service appointment booking experience that connects them instantly with new and existing customers. Just like Square, BookFresh is designed to give time back to sellers so they can focus on their business.

Buy -