M&A Deal Summary

Go Global Retail Acquires ModCloth

On October 4, 2019, Go Global Retail acquired e-commerce company ModCloth from Walmart

Acquisition Highlights
  • This is Go Global Retail’s 1st transaction in the E-Commerce sector.
  • This is Go Global Retail’s 1st transaction in the United States.
  • This is Go Global Retail’s 1st transaction in California.

M&A Deal Summary
Date 2019-10-04
Target ModCloth
Sector E-Commerce
Buyer(s) Go Global Retail
Sellers(s) Walmart
Deal Type Divestiture

Target

ModCloth

San Francisco, California, United States
ModCloth, Inc. is an online specialty retailer that offers unique designs and exclusive fashion, along with shoes, handbags, and accessories, for 18-35-year-old women. ModCloth was formed in 2002 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Go Global Retail

New York, New York, United States
Category Company
Founded 2016
Sector Business Services
DESCRIPTION

Go Global Retail is a brand investment platform for strategic investors in the consumer sector. Laser-focused on identifying attractive targets, investing appropriate capital and creating value for both investors and acquisitions, Go Global partners include Investment, Retail, and Operational Executives working together to create a holistic approach to investing in the ever-evolving world of global retail.

DEAL STATS #
Overall 1 of 4
Sector (E-Commerce) 1 of 2
Type (Divestiture) 1 of 3
State (California) 1 of 2
Country (United States) 1 of 3
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Janie and Jack

Corte Madera, California, United States

Janie and Jack operate over 100 retail stores in the US along with an e-commerce site offering apparel of outstanding quality. Janie and Jack is an iconic design house with a modern take on classic silhouettes and a sophisticated sensibility. Janie and Jack set themselves apart with inventive storytelling and outstanding quality. From Janie and Jack's clothing to its customer service, Janie and Jack give great care to every detail.

Buy -

Seller(S) 1

SELLER

Walmart

Bentonville, Arkansas, United States
Category Company
Founded 1945
Sector Retail
Employees2,100,000
Revenue 611.3B USD (2023)
DESCRIPTION
Entrance to Walmart's corporate campus in Bentonville, Arkansas.
Entrance to Walmart's corporate campus in Bentonville, Arkansas.

Walmart is a discount retailer with operations across the globe. Walmart operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM?S CLUBS in the US. Internationally, the company operates in Puerto Rico, Canada, China, Mexico, Germany, United Kingdom, Argentina, and South Korea. Walmart was formed in 1945 and is based in Bentonville, Arkansas.

DEAL STATS #
Overall 3 of 10
Sector (E-Commerce) 1 of 2
Type (Divestiture) 3 of 9
State (California) 1 of 1
Country (United States) 2 of 7
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 Aspectiva

Jerusalem, Israel

Aspectiva analyzes consumer opinions using artificial intelligence, turning them into comprehensive and valuable insights, helping eCommerce visitors make informed decisions and resulting in increased online conversion rates.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-27 Shoes.com

Boston, Massachusetts, United States

Shoes.com is an online retailer of men's, women's, and children's shoes.

Sell -
Mergr

Product

Company

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