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  5. Rithum Acquires Cadeera

M&A Deal Summary

Rithum Acquires Cadeera

On December 12, 2023, Rithum acquired software company Cadeera

Acquisition Highlights
  • This is Rithum’s 1st transaction in the Software sector.
  • This is Rithum’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-12-12
Target Cadeera
Sector Software
Buyer(s) Rithum
Deal Type Add-on Acquisition

Target

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.

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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 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 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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