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M&A Deal Summary

Groupon Acquires Uptake

On February 28, 2012, Groupon acquired internet software and services company Uptake

Acquisition Highlights
  • This is Groupon’s 13th transaction in the Internet Software and Services sector.
  • This is Groupon’s 11th transaction in the United States.
  • This is Groupon’s 8th transaction in California.

M&A Deal Summary
Date 2012-02-28
Target Uptake
Sector Internet Software and Services
Buyer(s) Groupon
Deal Type Add-on Acquisition

Target

Uptake

Palo Alto, California, United States
Uptake enables people to use their social networks to research travel destinations and find accommodations, places to eat, and sites to see in locales all over the world.

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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 17 of 37
Sector: Internet Software and Services M&A 13 of 23
Type: Add-on Acquisition M&A Deals 17 of 36
State: California M&A 8 of 13
Country: United States M&A 11 of 26
Year: 2012 M&A 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-18 Kima Labs

San Francisco, California, United States

Kima Labs, Inc. is a manufacture of mobile barcode reading app Barcode Hero and mobile payment app TapBuy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-23 Feefighters

Chicago, Illinois, United States

Feefighters is a comparison shopping website for credit card processing.

Buy -
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