M&A Deal Summary

Speed Commerce Acquires Fifth Gear

On November 24, 2014, Speed Commerce acquired consumer services company Fifth Gear for 55M USD

Acquisition Highlights
  • This is Speed Commerce’s 1st transaction in the Consumer Services sector.
  • This is Speed Commerce’s largest (disclosed) transaction.
  • This is Speed Commerce’s 2nd transaction in the United States.
  • This is Speed Commerce’s 1st transaction in Indiana.

M&A Deal Summary

Date 2014-11-24
Target Fifth Gear
Sector Consumer Services
Buyer(s) Speed Commerce
Deal Type Add-on Acquisition
Deal Value 55M USD
Advisor(s) Lake Street Capital Markets (Financial)

Target

Fifth Gear

Indianapolis, Indiana, United States
Fifth Gear LLC is a single-source provider of order management, fulfillment and customer care services.

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Buyer(S) 1

Buyer

Speed Commerce

Las Vegas, Nevada, United States

Category Company
Founded 1982
Sector Internet Software and Services
Employees1,609
Revenue 120M USD (2015)
DESCRIPTION

Speed Commerce is a single-source provider of omnichannel customer experience solutions and technology for ecommerce retailers and manufacturers. Speed Commerce was founded in 1982 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Indiana) 1 of 1
Country (United States) 2 of 2
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-27 SpeedFC

Dallas, Texas, United States

SpeedFC, Inc. is a provider of SaaS e-commerce platforms, tier 4 web hosting, proprietary cross-channel order management and reporting, and high performance fulfillment and customer care to online retailers and manufacturers.

Buy $50M