M&A Deal Summary

Knot Worldwide Acquires How He Asked

On September 13, 2016, Knot Worldwide acquired internet software and services company How He Asked

Acquisition Highlights
  • This is Knot Worldwide’s 7th transaction in the Internet Software and Services sector.
  • This is Knot Worldwide’s 7th transaction in the United States.
  • This is Knot Worldwide’s 3rd transaction in New York.

M&A Deal Summary

Date 2016-09-13
Target How He Asked
Sector Internet Software and Services
Buyer(s) Knot Worldwide
Deal Type Add-on Acquisition

Target

How He Asked

New York, New York, United States
How He Asked LLC is an online portal that allows users to read, share and write their marriage proposal ideas.

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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 8 of 13
Sector: Internet Software and Services M&A 7 of 9
Type: Add-on Acquisition M&A Deals 8 of 11
State: New York M&A 3 of 4
Country: United States M&A 7 of 10
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 GigMasters.com

Norwalk, Connecticut, United States

GigMasters.com, Inc. provides online event booking services.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-27 Veri

New York, New York, United States

Veri is a developer of a photo-sharing app focused on weddings and events that automatically shares photos from the user's built-in camera on their mobile device. Veri was founded in 2006 and is based in New York City.

Buy -