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  5. Pitney Bowes Acquires CrescoData

M&A Deal Summary

Pitney Bowes Acquires CrescoData

On November 4, 2021, Pitney Bowes acquired internet software and services company CrescoData

Acquisition Highlights
  • This is Pitney Bowes’ 8th transaction in the Internet Software and Services sector.
  • This is Pitney Bowes’ 1st transaction in Singapore.

M&A Deal Summary
Date 2021-11-04
Target CrescoData
Sector Internet Software and Services
Buyer(s) Pitney Bowes
Deal Type Add-on Acquisition

Target

CrescoData

Singapore, Singapore
CrescoData is a cloud-based technology business serving enterprise customers globally. CrescoData’s Commerce Connect Platform provides integration to over 85 commerce channels through a single API, and enables mapping and automating of product, stock, and order data between the platforms. CrescoData was founded in 2014 and is based in Singapore.

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Buyer(S) 1

Buyer

Pitney Bowes

Stamford, Connecticut, United States
Category Company
Founded 1920
Sector Business Services
Employees7,200
Revenue 2.0B USD (2024)
DESCRIPTION
Pitney Bowes facility in Danbury, Connecticut.
Pitney Bowes facility in Danbury, Connecticut.

Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Pitney Bowes was founded in 1920 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 26 of 26
Sector: Internet Software and Services M&A 8 of 8
Type: Add-on Acquisition M&A Deals 18 of 18
Country: Singapore M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-29 Tacit Knowledge

London, United Kingdom

Tacit Knowledge is a global consultancy focused on digital commerce. Tacit has worked at the nexus of commerce and content, applying Silicon Valley innovation and know-how to global retailers and brands. Tacit Knowledge was founded in 2002 and is based in London, United Kingdom.

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