M&A Deal Summary |
|
|---|---|
| Date | 2021-06-11 |
| Target | ReChargeSMS |
| Sector | Software |
| Buyer(s) | ReCharge |
| Sellers(s) | AE Studio |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Internet Software and Services |
ReCharge is a provider of subscription management software for e-commerce. ReCharge's billing and payment management solutions to grow their business by increasing customer lifetime value and reducing customer churn. Today, ReCharge powers subscriptions for nearly 20 million subscribers across 15,000 merchants, including fast-growing brands such as Billie, LOLA, and Hubble. ReCharge was founded in 2014 and is based in Santa Monica, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
AE Studio specializes in working with growing startups and enterprises to launch and rapidly develop new products and startup MVPs, increase revenue by expanding existing feature sets, or integrate cutting-edge data science and machine learning into products. AE is a team of seasoned designers, developers, product managers, and data scientists who work with companies closely to get to their next inflection point - whether it's an investment, partnerships, creating major business efficiency, or launching a new product or initiative. AE Studio was founded in 2016 and is based in Venice, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |