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  6. Envato Acquires Placeit

M&A Deal Summary

Envato Acquires Placeit

On July 26, 2018, Envato acquired internet software and services company Placeit

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

M&A Deal Summary
Date 2018-07-26
Target Placeit
Sector Internet Software and Services
Buyer(s) Envato
Deal Type Add-on Acquisition

Target

Placeit

Beaverton, Oregon, United States
Placeit is a provider of digital mockup and templates tools. Placeit was founded in 2013 and is based in Beaverton, Oregon.

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Buyer(S) 1

Buyer

Envato

Melbourne, Australia
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Envato is a collection of marketplaces for creative digital assets. This includes: ThemeForest (website templates and WordPress themes), CodeCanyon (Code, Plugins, and mobile), VideoHive (motion graphics), AudioJungle (stock music and audio), GraphicRiver (graphics, vectors, and illustrations) PhotoDune (photography), 3DOcean (3D models and materials). Envato was founded in 2006 and is headquartered in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oregon M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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