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  6. QVC Group Acquires HSN

M&A Deal Summary

QVC Group Acquires HSN

On July 6, 2017, QVC Group acquired retailer HSN

Acquisition Highlights
  • This is QVC Group’s 1st transaction in the Retail sector.
  • This is QVC Group’s 1st transaction in the United States.
  • This is QVC Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2017-07-06
Target HSN
Sector Retail
Buyer(s) QVC Group
Deal Type Add-on Acquisition
Advisor(s) Centerview Partners
Goldman Sachs (Financial)
Davis Polk & Wardwell (Legal)

Target

HSN

St. Petersburg, Florida, United States
HSN, Inc. is an interactive multi-channel retailer with strong direct-to-consumer expertise and operates two business segments, HSN and Cornerstone. HSN, Inc. offers an innovative, differentiated retail experience on TV, online, via mobile, in catalogs, and in brick and mortar stores.

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Buyer(S) 1

Buyer

QVC Group

Englewood, Colorado, United States
Category Company
Founded 1991
Sector E-Commerce
Employees18,984
Revenue 10.0B USD (2024)
DESCRIPTION

QVC Group is an online retailer focused on a broad range of electronic retailing, media, communications, and entertainment businesses. Liberty Interactive markets and sells various consumer products through live televised shopping programs, Websites, and mobile applications. QVC Group was founded in 1991 and is based in Englewood, Colorado.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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