M&A Deal Summary

Connexity Acquires PriceGrabber.com

On June 16, 2015, Connexity acquired internet software and services company PriceGrabber.com

Acquisition Highlights
  • This is Connexity’s 2nd transaction in the Internet Software and Services sector.
  • This is Connexity’s 3rd transaction in the United States.
  • This is Connexity’s 3rd transaction in California.

M&A Deal Summary

Date 2015-06-16
Target PriceGrabber.com
Sector Internet Software and Services
Buyer(s) Connexity
Deal Type Add-on Acquisition

Target

PriceGrabber.com

Los Angeles, California, United States
PriceGrabber.com is a provider of online comparison shopping services in the US. It is based in California, employs 140 people and has been privately held. Its website enables consumers instantly to obtain free and unbiased information before making a purchase decision. Its database contains millions of products in over 20 categories such as consumer electronics, photography, computers, home and garden and apparel. Consumers can then find the retailer or seller which provides the most attractive offer. PriceGrabber.com connects its online shoppers to over 9,000 merchants of all sizes, from large traditional retailers to smaller local sellers. These merchants pay PriceGrabber.com for each lead (or each consumer directed) to the retailer's own website. PriceGrabber.com also powers comparison shopping on over 300 websites, including About.com, Ask Jeeves, Bell South, Comcast and MSN.

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Buyer(S) 1

Buyer

Connexity

Santa Monica, California, United States

Category Company
Founded 1996
Sector Marketing
DESCRIPTION

Connexity offers a range of marketing solutions including search marketing, syndicated product listings, targeted display advertising, and the Bizrate Insights customer feedback program. Connexity was founded in 1996 and is based in Santa Monica, California.


DEAL STATS #
Overall 3 of 5
Sector: Internet Software and Services M&A 2 of 4
Type: Add-on Acquisition M&A Deals 3 of 5
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-08 Become

Sunnyvale, California, United States

Become, Inc. is an online shopping site, provides search engine and comparison shopping service. It offers research information, such as buying guides, product reviews, articles, forums, and other shopping information for making buying decisions and online purchasing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Hitwise Pty.

Melbourne, Australia

Hitwise Pty. Ltd. is an online Internet marketing intelligence company, which helps clients monitor the performance of their websites and target their online advertising spend more effectively.

Buy -