M&A Deal Summary

Neiman Marcus Acquires Stylyze

On June 15, 2021, Neiman Marcus acquired internet software and services company Stylyze

Acquisition Highlights
  • This is Neiman Marcus’ 1st transaction in the Internet Software and Services sector.
  • This is Neiman Marcus’ 2nd transaction in the United States.
  • This is Neiman Marcus’ 1st transaction in Washington.

M&A Deal Summary

Date 2021-06-15
Target Stylyze
Sector Internet Software and Services
Buyer(s) Neiman Marcus
Deal Type Add-on Acquisition

Target

Stylyze

Seattle, Washington, United States
Stylyze is a cloud-based SaaS platform that delivers enterprise solutions to the home and fashion retail verticals. Stylyze was founded in 2012 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Neiman Marcus

Dallas, Texas, United States

Category Company
Founded 1907
Sector Retail
DESCRIPTION

Neiman Marcus is a specialty retailer with online and offline operations. The Company's retail stores segment consists primarily of Neiman Marcus, Bergdorf Goodman and Last Call stores. The Online segment conducts both catalog and online operations under the Neiman Marcus, Bergdorf Goodman and Horchow brand names. Neiman Marcus was originally established in 1907 and is headquartered Dallas, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 Mytheresa

Munich, Germany

Mytheresa is an online luxury fashion retailer. Mytheresa prides itself in offering the best choice of collections from more than 170 international top designers such as Balenciaga, Saint Laurent, Valentino, and many, many more. The product range includes clothing, shoes, bags, and accessories. Mytheresa was founded in 2006 and is based in Munich, Germany.

Sell -