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  6. OfferUp Acquires letgo

M&A Deal Summary

OfferUp Acquires letgo

On March 26, 2020, OfferUp acquired internet software and services company letgo

Acquisition Highlights
  • This is OfferUp’s 1st transaction in the Internet Software and Services sector.
  • This is OfferUp’s 1st transaction in the United States.
  • This is OfferUp’s 1st transaction in Delaware.

M&A Deal Summary
Date 2020-03-26
Target letgo
Sector Internet Software and Services
Buyer(s) OfferUp
Deal Type Add-on Acquisition

Target

letgo

Wilmington, Delaware, United States
Ambatana Holdings BV is an online mobile marketplace for secondhand goods. Ambatana Holdings was founded in 2015 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

OfferUp

Bellevue, Washington, United States
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

OfferUp is a mobile marketplace for local buyers and sellers in the country. The company offers free iOS and Android apps that make selling an item as easy as snapping a picture from your mobile device. OfferUp was founded in 2011 and is based in Bellevue, Washington.

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: Delaware M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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