M&A Deal Summary

Global Blue Acquires Shipup

On October 4, 2022, Global Blue acquired software company Shipup

Acquisition Highlights
  • This is Global Blue’s 1st transaction in the Software sector.
  • This is Global Blue’s 1st transaction in France.

M&A Deal Summary

Date 2022-10-04
Target Shipup
Sector Software
Buyer(s) Global Blue
Deal Type Add-on Acquisition

Target

Shipup

Paris, France
Shipup is a solution that empowers online retailers to provide a uniquely crafted & reassuring post-purchase experience. The experience is fully customizable to enable powerful branded communication. Additionally, the company gathers and provides data on carrier performances and customer feedback to understand the impact delivery has on the customer and brand's relationship. Shipup was formed in 2016 and is based in Paris.

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Buyer(S) 1

Buyer

Global Blue

Signy-Avenex, Switzerland

Category Company
Founded 1980
Sector Financial Services
Revenue 422M USD (2024)
DESCRIPTION

Global Blue is an international provider of travel-related financial services. The company offers a seamless shopping and payment journey for tourists. Also, it provides a wide range of added-value payment solutions for all the stakeholders involved, including retailers and international shoppers. Global Blue was founded in 1980 and is based in Signy-Avenex, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-08 ZigZag Global

London, United Kingdom

ZigZag Global is a software solution to help e-commerce retailers manage returns domestically and globally. ZigZag uses predictive analytics to understand the most cost-effective and energy-efficient route to work out if a retailer should hold and resell returned products in local markets or bring them back via consolidation. ZigZag Global was founded in 2015 and is based in London, United Kingdom.

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