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  6. Spruce Acquires The Minte

M&A Deal Summary

Spruce Acquires The Minte

On August 11, 2021, Spruce acquired consumer services company The Minte

Acquisition Highlights
  • This is Spruce’s 1st transaction in the Consumer Services sector.
  • This is Spruce’s 1st transaction in the United States.
  • This is Spruce’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-08-11
Target The Minte
Sector Consumer Services
Buyer(s) Spruce
Deal Type Add-on Acquisition

Target

The Minte

Chicago, Illinois, United States
The Minte provides hotel-style housekeeping to luxury apartment residences. The Minte was founded in 2017 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Spruce

Austin, Texas, United States
Category Company
Founded 2016
Sector Consumer Services
Employees65
DESCRIPTION

Spruce is a provider of lifestyle services to the multifamily sector. The company currently offers Chores, Housekeeping, Pet Care, Laundry, and Dry Cleaning services to over 1,500 select apartment communities throughout the country. Spruce was founded in 2016 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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