M&A Deal Summary

Nordstrom Acquires Bevyup

On March 8, 2018, Nordstrom acquired internet software and services company Bevyup

Acquisition Highlights
  • This is Nordstrom’s 2nd transaction in the Internet Software and Services sector.
  • This is Nordstrom’s 6th transaction in the United States.
  • This is Nordstrom’s 2nd transaction in Washington.

M&A Deal Summary

Date 2018-03-08
Target Bevyup
Sector Internet Software and Services
Buyer(s) Nordstrom
Deal Type Add-on Acquisition

Target

Bevyup

Bellevue, Washington, United States
Bevyup is a digital selling tool. BevyUp is enhancing the omnichannel experience by extending sales associates' customer relationships beyond brick-and- mortar stores. Bevyup was established in 2012 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Nordstrom

Seattle, Washington, United States

Category Company
Founded 1901
Sector Retail
Employees55,000
Revenue 15.0B USD (2025)
DESCRIPTION
Nordstrom's corporate headquarters in downtown Seattle, Washington.
Nordstrom's corporate headquarters in downtown Seattle, Washington.

Nordstrom is a US-based fashion specialty retailer that operates a network of retail stores as well as ecommerce websites that include Nordstrom.com, Nordstromrack.com and HauteLook, and TrunkClub.com. The company offers a selection of brand-name and private-label merchandise focused on apparel, shoes, cosmetics, and accessories. Its integrated full-line stores and online store allow the Company to provide customers with a seamless shopping experience. Nordstrom was formed in 1901 and is based in Seattle, Washington.


DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
State: Washington M&A 2 of 2
Country: United States M&A 6 of 6
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 MessageYes

Seattle, Washington, United States

MessageYes, Inc. is a platform to offer frictionless e-commerce over mobile messaging for brands looking to engage and transact directly with their customers. MessageYes, Inc. was established in 2015 and is based in Seattle, Washington.

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