M&A Deal Summary

Namecheap Acquires Stencil

On November 2, 2021, Namecheap acquired internet software and services company Stencil

Acquisition Highlights
  • This is Namecheap’s 1st transaction in the Internet Software and Services sector.
  • This is Namecheap’s 1st transaction in Canada.
  • This is Namecheap’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-11-02
Target Stencil
Sector Internet Software and Services
Buyer(s) Namecheap
Deal Type Add-on Acquisition

Target

Stencil

Torornto, Ontario, Canada
Stencil is an operator of graphic design tool rthat eplaces the need to hire expensive designers or the time to learn complicated software. Stencil was built to help digital creators, social media influencers, marketing professionals, bloggers, and others quickly source beautiful stock photos and pair them with stunning fonts or eye-catching icons to create gorgeous original imagery. Stencil was founded in 2013 and is based in Torornto, Ontario.

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Buyer(S) 1

Buyer

Namecheap

Phoenix, Arizona, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Namecheap is a domain registrar and technology company that makes registers, hosts, and manages domains providing security, and support, with over 14 million domains under management. Namecheap was founded in 2000 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1