M&A Deal Summary

LivingSocial Acquires SocialMedia.com

On April 15, 2011, LivingSocial acquired media company SocialMedia.com for 3M USD

Acquisition Highlights
  • This is LivingSocial’s 1st transaction in the Media sector.
  • This is LivingSocial’s largest (disclosed) transaction.
  • This is LivingSocial’s 1st transaction in the United States.
  • This is LivingSocial’s 1st transaction in California.

M&A Deal Summary

Date 2011-04-15
Target SocialMedia.com
Sector Media
Buyer(s) LivingSocial
Deal Type Add-on Acquisition
Deal Value 3M USD
Advisor(s) Ackrell Capital LLC (Financial)

Target

SocialMedia.com

San Francisco, California, United States
SocialMedia.com is involved in digital advertising through people-powered advertisements, leveraging people’s social relationships.

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Buyer(S) 1

Buyer

LivingSocial

Washington, District of Columbia, United States

Category Company
Founded 2007
Sector E-Commerce
DESCRIPTION

LivingSocial, Inc. is an online marketplace to buy and share things to do in your city and beyond. Company provide a trusted, convenient source for finding value on everyday items and activities and identifying novel, enriching and fun experiences to enjoy and share with friends.


DEAL STATS #
Overall 1 of 4
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 1
Country (United States) 1 of 2
Year (2011) 1 of 3
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-27 Ensogo Holdings

Indonesia

Ensogo is a social shopping website operating in Thailand, Philippines, and Indonesia. The Company was formed in 2010 and is based in Indonesia.

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