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M&A Deal Summary

Spacer Technologies Acquires STOW IT - Peer-to-Peer Business

On December 19, 2024, Spacer Technologies acquired internet software and services company STOW IT - Peer-to-Peer Business from STOW IT

Acquisition Highlights
  • This is Spacer Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Spacer Technologies’ 1st transaction in the United States.
  • This is Spacer Technologies’ 1st transaction in Colorado.

M&A Deal Summary
Date 2024-12-19
Target STOW IT - Peer-to-Peer Business
Sector Internet Software and Services
Buyer(s) Spacer Technologies
Sellers(s) STOW IT
Deal Type Divestiture

Target

STOW IT - Peer-to-Peer Business

Windsor, Colorado, United States
STOW IT's Peer-to-Peer Business serves local communities and also collaborate with tech companies, hotel chains and real estate firms, to deliver reliable, guaranteed parking for their teams. STOW IT's Peer-to-Peer Business is based in Windsor, Colorado.

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Buyer(S) 1

Buyer

Spacer Technologies

Pyrmont, Australia
Category Company
Founded 2020
Sector Internet Software and Services
DESCRIPTION

Spacer Technologies is an independent online booking platform for self storage, parking, and warehousing. Spacer Technologies was founded in 2020 and is based in Pyrmont, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

STOW IT

Windsor, Colorado, United States
Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

STOW IT is a platform that enables individuals and businesses to rent out available parking spaces, garages, and storage areas. STOW IT was founded in 2017 and is based in Windsor, Colorado.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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