M&A Deal Summary

Groupon Acquires ClanDescuento.com

On June 24, 2010, Groupon acquired internet software and services company ClanDescuento.com

Acquisition Highlights
  • This is Groupon’s 2nd transaction in the Internet Software and Services sector.
  • This is Groupon’s 1st transaction in Chile.

M&A Deal Summary

Date 2010-06-24
Target ClanDescuento.com
Sector Internet Software and Services
Buyer(s) Groupon
Deal Type Add-on Acquisition

Target

ClanDescuento.com

Santiago, Chile
ClanDescuento.com is a provider of deal site.

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Buyer(S) 1

Buyer

Groupon

Chicago, Illinois, United States

Category Company
Founded 2008
Sector E-Commerce
Employees2,079
Revenue 493M USD (2024)
DESCRIPTION
Groupon's corporate headquarters in Chicago, Illinois.
Groupon's corporate headquarters in Chicago, Illinois.

Groupon is a social eCommerce site. Groupon leverages social media and collective buying power to feature daily deals in more than 500 markets around the world. Groupon was formed in 2008 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 37
Sector: Internet Software and Services M&A 2 of 23
Type: Add-on Acquisition M&A Deals 3 of 36
Country: Chile M&A 1 of 1
Year: 2010 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-16 CityDeal

Germany

CityDeal is a provider of deals site providing consumers with discounted deals for products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-17 Darberry

Moscow, Russia

Darberry is a provider of shopping deals website.

Buy -