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M&A Deal Summary

RetailMeNot Acquires LowestMed

On May 8, 2018, RetailMeNot acquired internet software and services company LowestMed

Acquisition Highlights
  • This is RetailMeNot’s 6th transaction in the Internet Software and Services sector.
  • This is RetailMeNot’s 4th transaction in the United States.
  • This is RetailMeNot’s 1st transaction in Utah.

M&A Deal Summary
Date 2018-05-08
Target LowestMed
Sector Internet Software and Services
Buyer(s) RetailMeNot
Deal Type Add-on Acquisition

Target

LowestMed

Sandy, Utah, United States
LowestMed, Inc. is a website and app that enables consumers to research and compare prescription drug prices and save at their local pharmacy by using a mobile or printable coupon. LowestMed, Inc. was established in 2009 and is based in Sandy, Utah.

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Buyer(S) 1

Buyer

RetailMeNot

Austin, Texas, United States
Category Company
Founded 2007
Sector Internet Software and Services
Employees510
Revenue 280M USD (2016)
DESCRIPTION

RetailMeNot, Inc. operates a digital coupon marketplace connecting consumers with primary retailers and brands. The company enables consumers across the globe to find hundreds of thousands of digital offers to save money while they shop or dine out. The Company was formed in 2007 and is based in Austin, Texas.

DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
State: Utah M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-07 GiftCardZen

Flagstaff, Arizona, United States

GiftCardZen, Inc. is an online marketplace for gift cards, which involves buying gift cards from, and selling gift cards to, consumers and businesses at a discount to face value.

Buy $22M
Mergr

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