M&A Deal Summary

Trove Acquires Recurate

On August 13, 2024, Trove acquired software company Recurate

Acquisition Highlights
  • This is Trove’s 1st transaction in the Software sector.
  • This is Trove’s 1st transaction in the United States.
  • This is Trove’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2024-08-13
Target Recurate
Sector Software
Buyer(s) Trove
Deal Type Add-on Acquisition

Target

Recurate

Washington, District of Columbia, United States
Recurate is a full-service resale platform, that provides the recommerce technology and strategy you need to participate in the circular economy meaningfully. Recurate was formed in 2020 and is headquartered in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Trove

So. San Francisco, California, United States

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

We are building a personalized information filtering system for the mainstream audience. The product will allow users to get information they want across a broad range of interests and needs.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1