M&A Deal Summary

Rithum Acquires ChannelAdvisor

On September 6, 2022, Rithum acquired internet software and services company ChannelAdvisor

Acquisition Highlights
  • This is Rithum’s 2nd transaction in the Internet Software and Services sector.
  • This is Rithum’s 2nd transaction in the United States.
  • This is Rithum’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2022-09-06
Target ChannelAdvisor
Sector Internet Software and Services
Buyer(s) Rithum
Deal Type Add-on Acquisition
Advisor(s) Robert W. Baird & Co., Inc. (Financial)
Cooley (Legal)

Target

ChannelAdvisor

Morrisville, North Carolina, United States
ChannelAdvisor is a provider of cloud-based e-commerce solutions that enable retailers and manufacturers to integrate, manage and optimize their merchandise sales across hundreds of online channels including Amazon, Google, eBay, Facebook, and more. ChannelAdvisor was founded in 2001 and is based in Morrisville, North Carolina.

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Buyer(S) 1

Buyer

Rithum

Atlanta, Georgia, United States
Category Company
Founded 1997
Sector Software
DESCRIPTION

Rithum is a distributed commerce network connecting supply, demand and delivery that helps retailers and brands increase sales by expanding product assortments, promoting products on the channels that perform, and enabling rapid, on-time customer delivery. Rithum was founded in 1997 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 Mercent

Seattle, Washington, United States

Mercent Corporation provides online marketing technology and services to help retail merchants optimize performance across online channels. Mercent's on-demand platform. Mercent Retail, increases revenue and gross margins by promoting the right products with the right merchandising offers and placement. Mercent Retail provides a single point of integration between existing retail management systems and a network of more than 50 leading online marketing channels including transactional marketplaces such as Amazon.com and SHOP.COM, shopping portals such as Shopping.com and Shopzilla, and affiliate marketing programs such as LinkShare and Performics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Cadeera

London, United Kingdom

Cadeera is a provider of machine learning software for furniture and interior design retailers. Its technology provides the ability to create so-called shoppable marketing images. Using Cadeera’s software, a retailer can automatically create a list of all the items shown in a photo and enable customers to order them with a few clicks. Cadeera is based in London, United Kingdom.

Buy -
Mergr

Product

Company

Legal