M&A Deal Summary

Knot Worldwide Acquires Hitched

On February 3, 2020, Knot Worldwide acquired consumer services company Hitched from Immediate Media Co.

Acquisition Highlights
  • This is Knot Worldwide’s 1st transaction in the Consumer Services sector.
  • This is Knot Worldwide’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-02-03
Target Hitched
Sector Consumer Services
Buyer(s) Knot Worldwide
Sellers(s) Immediate Media Co.
Deal Type Divestiture

Target

Hitched

London, United Kingdom
Hitched Ltd. is a provider of wedding planning, advice, planning tools and a wedding vendor marketplace with thousands of wedding professionals. Since 1997, the brand has helped more than a million UK couples to plan their perfect wedding.

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Buyer(S) 1

Buyer

Knot Worldwide

Chevy Chase, Maryland, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees661
Revenue 161M USD (2017)
DESCRIPTION

Knot Worldwide is a consumer internet and media company devoted to weddings, pregnancy and everything in between, providing couples and new parents with the trusted information, products and advice they need to guide them through the most transformative events of their lives. Knot Worldwide was formed in 1996 and is headquartered in Chevy Chase, Maryland.


DEAL STATS #
Overall 11 of 13
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-25 WeddingWire

Bethesda, Maryland, United States

WeddingWire is a global online marketplace, connecting consumers with local wedding professionals and a suite of comprehensive tools that make wedding planning easier. Operating within a $200 billion industry, WeddingWire helps 13 million couples every month find the right team of wedding professionals to personalize and pull off their special day. Consumers around the world are able to read more Permira VI G.P. Limited than 4 million vendor reviews and search, compare and book from a directory of over 400,000 vendors. Founded in 2007, the WeddingWire portfolio serves couples and wedding professionals across 15 countries in North America, Latin America, Europe and Asia. The company has more than 950 employees and is headquartered in Chevy Chase, Maryland, just outside of Washington, D.C., with international headquarters in Barcelona, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-03 Zankyou

Barcelona, Spain

Zankyou is a global digital wedding planning company serving couples and wedding professions in more than 20 countries across the globe. Its core business offers inspiring content, a vendor marketplace, personalized wedding websites, planning tools, and a gift registry to help couples plan their unique weddings. Zankyou was formed in 2008 and is based in Barcelona, Spain.

Buy -

Seller(S) 1

SELLER

Immediate Media Co.

London, United Kingdom

Category Company
Founded 2007
Sector Publishing
DESCRIPTION

Immediate Media Co. Ltd. is a consumer magazines publishers created through a merger of BBC Magazines, Origin Publishing and Magicalia Media Limited.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-24 Upper Street Events

London, United Kingdom

Upper Street Events is a leading B2C events business, owning a portfolio of market leading shows including The Gadget Show Live, The Cycle Show, London Art Fair and Country Living Fairs.

Buy -