M&A Deal Summary

Snappy Gifts Acquires Covver

On January 13, 2025, Snappy Gifts acquired software company Covver

Acquisition Highlights
  • This is Snappy Gifts’ 1st transaction in the Software sector.
  • This is Snappy Gifts’ 1st transaction in the United States.
  • This is Snappy Gifts’ 1st transaction in New York.

M&A Deal Summary

Date 2025-01-13
Target Covver
Sector Software
Buyer(s) Snappy Gifts
Deal Type Add-on Acquisition

Target

Covver

Brooklyn, New York, United States
Covver is a platform specializing in swag, company stores, and points-based recognition solutions with key features powered by AI-driven personalization. Covver was formed in 2021 and is headquartered in Brooklyn, New York.

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Buyer(S) 1

Buyer

Snappy Gifts

New York, New York, United States

Category Company
Founded 2015
Sector Internet Software and Services
Employees200
DESCRIPTION

Snappy Gifts is a global gifting company on a mission to spread joy, share gratitude, and remove the guesswork from gifting. Snappy Gifts was formed in 2015 and is headquartered in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1