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Add-on Acquisition • Internet Software and Services

Thumbtack Acquires Setter

On December 8, 2020, Thumbtack acquired internet software and services company Setter

Acquisition Context
  • This is Thumbtack’s 1st transaction in the Internet Software and Services sector.
  • This is Thumbtack’s 1st transaction in Canada.
  • This is Thumbtack’s 1st transaction in Ontario.

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M&A Deal Summary
Date December 8, 2020
Target Setter
Sector Internet Software and Services
Buyer(s) Thumbtack
Deal Type Add-on Acquisition

Target Company

Setter

Toronto, Ontario, Canada
Setter, Inc. home management platform that makes it easy to care for the client's homes. Setter believes that the home maintenance process is broken and should become so reliable and convenient that it becomes invisible. With Setter, homeowners can easily understand their home care needs and take necessary action. Setter was formed in 2016 and is based in Toronto, Ontario.
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Buyer Overview 1

Buyer

Thumbtack

San Francisco, California, United States
Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Thumbtack is a consumer service that helps millions of people accomplish the personal projects that are central to their lives. Thumbtack connects millions of people with local professionals who are available, interested, and qualified to meet their specific needs. Thumbtack was founded in 2009 and is based in San Francisco, California.

Deal Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 HeartThis

San Francisco, California, United States

HeartThis, Inc. is an app that aggregates multiple shopping destinations into one single destination.

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