M&A Deal Summary

Tradesy Acquires Fitz

On April 2, 2018, Tradesy acquired consumer services company Fitz

Acquisition Highlights
  • This is Tradesy’s 1st transaction in the Consumer Services sector.
  • This is Tradesy’s 1st transaction in the United States.
  • This is Tradesy’s 1st transaction in New York.

M&A Deal Summary

Date 2018-04-02
Target Fitz
Sector Consumer Services
Buyer(s) Tradesy
Deal Type Add-on Acquisition

Target

Fitz

New York City, New York, United States
Fitz is an an in-home service that pairs customers with highly-trained stylists to organize their closets, edit their wardrobes and provide personalized styling services. Tradesy is based in Santa Moncia, California.

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Buyer(S) 1

Buyer

Tradesy

Culver City, California, United States

Category Company
Founded 2009
Sector E-Commerce
DESCRIPTION

Tradesy is the US peer-to-peer resale platform for luxury fashion in the United States. Its mission is to make fashion resale as big as retail, creating a more sustainable approach to commerce and shopping. With over $2 billion of pre-owned fashion sold to date, the company serves 7 million members, and boasts a catalog of millions of authentic luxury and designer fashion items from top brands, at prices up to 80% off retail. It has long held a strong commitment to its corporate values of Sustainability, Equity, and Authenticity. Tradesy was formed in 2009 and is based in Culver City, California.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1