M&A Deal Summary

Dollar Tree Acquires Greenbacks

On June 30, 2003, Dollar Tree acquired retailer Greenbacks for 100M USD

Acquisition Highlights
  • This is Dollar Tree’s 3rd transaction in the Retail sector.
  • This is Dollar Tree’s largest (disclosed) transaction.
  • This is Dollar Tree’s 3rd transaction in the United States.
  • This is Dollar Tree’s 1st transaction in Utah.

M&A Deal Summary
Date 2003-06-30
Target Greenbacks
Sector Retail
Buyer(s) Dollar Tree
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Greenbacks

Salt Lake City, Utah, United States
Greenbacks, Inc., owns and operates 100 stores in 10 states, primarily in the Rocky Mountain region.

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Buyer(S) 1

Buyer

Dollar Tree

Chesapeake, Virginia, United States
Category Company
Founded 1986
Sector Retail
Employees65,894
Revenue 30.6B USD (2024)
DESCRIPTION

Dollar Tree is a dominant discount variety retailer of merchandise at the fixed price of $1.00. The core product assortment consists of a variety of merchandise, including toys, durable housewares, gifts, fashion, health and beauty care items, party goods, greeting cards, apparel, and seasonal goods. Dollar Tree was incorporated in 1986 and is headquartered in Chesapeake, Virginia.

DEAL STATS #
Overall 3 of 4
Sector (Retail) 3 of 4
Type (Add-on Acquisition) 3 of 4
State (Utah) 1 of 1
Country (United States) 3 of 4
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-05 Dollar Express

Chesapeake, Virginia, United States

Dollar Express is a discount general merchandise retailer currently operating over 300 stores across the US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-29 Dollar Express

Chesapeake, Virginia, United States

Dollar Express is a discount general merchandise retailer currently operating over 300 stores across the US.

Sell -
Mergr

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