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  6. Zenfolio Acquires Format

M&A Deal Summary

Zenfolio Acquires Format

On November 11, 2021, Zenfolio acquired internet software and services company Format

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

M&A Deal Summary
Date 2021-11-11
Target Format
Sector Internet Software and Services
Buyer(s) Zenfolio
Deal Type Add-on Acquisition

Target

Format

Toronto, Ontario, Canada
Format is a website-building platform and marketplace that empowers professional photographers and creatives by transforming them into successful entrepreneurs. Format was founded in 2010 and is based in Toronto, Canada.

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Buyer(S) 1

Buyer

Zenfolio

Menlo Park, California, United States
Category Company
Founded 2005
Sector Software
DESCRIPTION

Zenfolio is a software platform for professional and amateur photographers to showcase, manage and monetize their work with a comprehensive feature set, including a suite of marketing tools that saves time, increases efficiency, and allows them to focus on photography. Zenfolio was founded in 2005 and is based in Menlo Park, California.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
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