M&A Deal Summary

WeTransfer Acquires FiftyThree

On August 21, 2018, WeTransfer acquired software company FiftyThree

Acquisition Highlights
  • This is WeTransfer’s 1st transaction in the Software sector.
  • This is WeTransfer’s 1st transaction in the United States.
  • This is WeTransfer’s 1st transaction in New York.

M&A Deal Summary

Date 2018-08-21
Target FiftyThree
Sector Software
Buyer(s) WeTransfer
Deal Type Add-on Acquisition

Target

FiftyThree

New York, New York, United States
FiftyThree, Inc. is a technology company that builds beautifully simple tools for creativity. They are the makers of Paper®, the essential sketching app for getting ideas down and Paste™ the collaboration tool for fast-moving creative teams. FiftyThree, Inc. was founded in 2011 and is based in New York city.

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Buyer(S) 1

Buyer

WeTransfer

Amsterdam, Netherlands

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

WeTransfer is a provider of cloud based file transfer service. WeTransfer was founded in 2009 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-10 Present Plus

Amsterdam, Netherlands

Present Plus is a digital design and innovation studio.

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