M&A Deal Summary

Material Bank Acquires Amber Engine

On March 17, 2022, Material Bank acquired software company Amber Engine

Acquisition Highlights
  • This is Material Bank’s 1st transaction in the Software sector.
  • This is Material Bank’s 1st transaction in the United States.
  • This is Material Bank’s 1st transaction in Michigan.

M&A Deal Summary
Date 2022-03-17
Target Amber Engine
Sector Software
Buyer(s) Material Bank
Deal Type Add-on Acquisition

Target

Amber Engine

Detroit, Michigan, United States
Amber Engine is a revolutionary software development company with a mission to democratize the product information management (PIM) space. Amber Engine helps brands more easily and profitably sell on popular online marketplaces and through brick-and-mortar retailers. Amber Engine is based in Detroit, Michigan.

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Buyer(S) 1

Buyer

Material Bank

Boca Raton, Florida, United States
Category Company
Founded 2018
Sector Internet Software and Services
DESCRIPTION

Material Bank is a provider of the marketplace for searching, sampling, and specifying an architecture, design, and construction materials. The revolutionary platform powers complex searches across hundreds of brands in seconds. Material Bank was founded in 2018 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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