1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Pennsylvania >
  6. Zale Acquires Piercing Pagoda

M&A Deal Summary

Zale Acquires Piercing Pagoda

On August 11, 2000, Zale acquired internet software and services company Piercing Pagoda for 201M USD

Acquisition Highlights
  • This is Zale’s 2nd transaction in the Internet Software and Services sector.
  • This is Zale’s 2nd largest (disclosed) transaction.
  • This is Zale’s 2nd transaction in the United States.
  • This is Zale’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2000-08-11
Target Piercing Pagoda
Sector Internet Software and Services
Buyer(s) Zale
Deal Type Add-on Acquisition
Deal Value 201M USD

Target

Piercing Pagoda

Lehigh Valley, Pennsylvania, United States
Piercing Pagoda, Inc. is a retailer of low-priced gold jewelry operates kiosks in hundreds of U.S. malls.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Zale

Irving, Texas, United States
Category Company
Founded 1924
Sector Retail
Employees11,900
DESCRIPTION
Zales storefront in the Miller Hill Mall of Duluth, Minnesota.
Zales storefront in the Miller Hill Mall of Duluth, Minnesota.

Zale Corp. is a retailer of diamond and other jewelry products in North America, operating approximately 1,680 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corporation's brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda.

DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2000 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Peoples Jewellers

North York, Ontario, Canada

Peoples Jewellers Corp. is a online retailer of jewelry's.

Buy -
Mergr

Solution for

Product

Company

Legal