M&A Deal Summary

Simply Acquires Simply Mac

On September 26, 2019, Simply acquired retailer Simply Mac from GameStop

Acquisition Highlights
  • This is Simply’s 1st transaction in the Retail sector.
  • This is Simply’s 1st transaction in the United States.
  • This is Simply’s 1st transaction in Utah.

M&A Deal Summary
Date 2019-09-26
Target Simply Mac
Sector Retail
Buyer(s) Simply
Sellers(s) GameStop
Deal Type Divestiture

Target

Simply Mac

Salt Lake City, Utah, United States
Simply Mac, Inc. a certified reseller of Apple's full line of products with 24 stores across the US, and Spring Mobile. Simply Mac was founded in 2006 and is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Simply

Miami, Florida, United States
Category Company
Founded 1994
Sector Retail
Employees352
Revenue 79M USD (2022)
DESCRIPTION

Simply operates retail consumer electronics stores that sells Apple products and provide service by Apple-certified technicians. Simply was founded in 1994 and is based in Miami, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

GameStop

Grapevine, Texas, United States
Category Company
Founded 1996
Sector Retail
Employees12,000
Revenue 5.3B USD (2024)
DESCRIPTION
GameStop's corporate headquarters in Grapevine, Texas.
GameStop's corporate headquarters in Grapevine, Texas.

GameStop is a video game and entertainment software retailer. GameStop was founded in 1996 and is based in Grapevine, Texas.

DEAL STATS #
Overall 4 of 4
Sector (Retail) 2 of 2
Type (Divestiture) 3 of 3
State (Utah) 1 of 1
Country (United States) 4 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-21 GameStop - Spring Mobile Business

Grapevine, Texas, United States

GameStop Corp. - Spring Mobile Business owns and operates 1,289 AT&T wireless stores.

Sell $700M
Mergr

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