M&A Deal Summary

WeCommerce Acquires Repeat

On February 29, 2024, WeCommerce acquired internet software and services company Repeat

Acquisition Highlights
  • This is WeCommerce’s 4th transaction in the Internet Software and Services sector.
  • This is WeCommerce’s 3rd transaction in the United States.
  • This is WeCommerce’s 1st transaction in California.

M&A Deal Summary

Date 2024-02-29
Target Repeat
Sector Internet Software and Services
Buyer(s) WeCommerce
Deal Type Add-on Acquisition

Target

Repeat

Venice, California, United States
Repeat is a retention AI marketing software application serving primarily enterprise e-commerce merchants. Repeat monitors key lifecycle moments to help merchants create personalized campaigns and simplified workflows to improve customer retention. Repeat was formed in 2018 and is based in Venice, California.

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Buyer(S) 1

Buyer

WeCommerce

Vancouver, British Columbia, Canada

Category Company
Sector Software
Employees93
Revenue 21M CAD (2020)
DESCRIPTION

WeCommerce is a Canadian ecommerce technology holding company that owns a family of companies and brands in the Shopify partner ecosystem, including, Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash and Foursixty. The Company’s primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of SaaS, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants.


DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 Clean Canvas

Surrey, United Kingdom

Clean Canvas is a designer and developer of premium themes which have been leveraged by over 80k Shopify merchants, and will continue to operate as an independent brand following closing. Clean Canvas is based in Surrey, England.

Buy $13M