Investment Summary

Remark Holdings Exits Vegas.com

On March 19, 2019, invested in e-commerce company Vegas.com from Remark Holdings for 45M USD

Investment Highlights
  • This is transaction in the E-Commerce sector.
  • This is largest (disclosed) transaction.
  • This is transaction in the United States.
  • This is transaction in Nevada.
Investment Fate
  • Vegas.com was sold to a publicly-traded strategic buyer in 2023 for 240M USD.

Investment Summary

Date 2019-03-19
Target Vegas.com
Sector E-Commerce
Sellers(s) Remark Holdings
Deal Type Divestiture
Deal Value 45M USD

Target

Vegas.com

Las Vegas, Nevada, United States
Vegas.com is a direct-to-consumer e-tailer of show tickets to over 200 shows in Las Vegas through www.vegas.com and www.lasvegas.com. The Company also offers travel and lodging bookings. Vegas.com was established in 1998 and is based in Las Vegas, Nevada.

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Seller(S) 1

SELLER

Remark Holdings

Las Vegas, Nevada, United States

Category Company
Founded 2006
Sector Digital Media
Employees46
Revenue 4M USD (2023)
DESCRIPTION

Remark Holdings is a digital media company focused on creating destinations that merge engaging content with rich social interaction. Remark Holdings was founded in 2006 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 China Branding Group

Shanghai, China

China Branding Group Ltd. is a provider of localized international live events content, social media content, and hollywood and related video content into the china marketplace.

Buy $8M