Add-on Acquisition • Internet Software and Services

VerticalScope Acquires VarageSale

On November 8, 2017, VerticalScope acquired internet software and services company VarageSale

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

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M&A Deal Summary

Date November 8, 2017
Target VarageSale
Sector Internet Software and Services
Buyer(s) VerticalScope
Deal Type Add-on Acquisition

Target Company

VarageSale

Toronto, Ontario, Canada
VarageSale, Inc. is an app to buy and sell used items locally. VarageSale, Inc. was founded in 2012 and is based in Toronto, Ontario.
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Buyer Overview 1

Buyer

VerticalScope

Toronto, Ontario, Canada

Category Company
Founded 1999
Sector Internet Software and Services
Employees192
Revenue 69M CAD (2024)
DESCRIPTION

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. It enables people with common interests to connect, explore their passions, and share knowledge about the things they love. VerticalScope was founded in 1999 and is based in Toronto, Ontario.


Deal Context for Buyer #
Overall 5 of 9
Sector: Internet Software and Services 1 of 5
Type: Add-on Acquisition 3 of 7
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 Airliners.net

Sweden

Airliners.net is community driven website, forum, and database focused on aircraft photos and information. Airliners.net was formed in 1997.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-27 Fixya

San Mateo, California, United States

Fixya Ltd. is a community-based Q&A help site that provides consumers with practical tips and advice on how to operate and fix any product. Fixya was founded in 2005 and is based in San Mateo, California.

Buy -