M&A Deal Summary

Swoondle Society Acquires ShopTomorrows

On July 25, 2023, Swoondle Society acquired internet software and services company ShopTomorrows

Acquisition Highlights
  • This is Swoondle Society’s 1st transaction in the Internet Software and Services sector.
  • This is Swoondle Society’s 1st transaction in the United States.
  • This is Swoondle Society’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2023-07-25
Target ShopTomorrows
Sector Internet Software and Services
Buyer(s) Swoondle Society
Deal Type Add-on Acquisition

Target

ShopTomorrows

Westport, Connecticut, United States
ShopTomorrows is a nationwide resale marketplace for trading-up kidswear across networks, neighborhoods, and beyond - without exchanging cash. The peer-to-peer platform advances a circular economy by utilizing no longer-needed items as currency for tomorrow's purchases. ShopTomorrows is based in Westport, Connecticut.

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Buyer(S) 1

Buyer

Swoondle Society

Huntington, New York, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

Swoondle Society is a full-service, circular marketplace for parents and apparel brands to manage their outgrown, last-season clothing. Parents can trade in and shop for new and used clothing giving them the maximum value for their trade-in. With less than an hour of set-up, Shopify-enabled brands can launch their own resale and trade-in programs - increasing loyalty and sustainability for their customers. Swoondle Society is based in Huntington, New York.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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