LivingSocial, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
LivingSocial, Inc. is a privately-held, venture capital-backed company that provides users with daily online coupons to local venues, such as restaurants and spas. Through its daily deal e-mails and alerts, LivingSocial introduces members to local businesses, products, or services each day at savings of 50 percent and up. Deal categories are organized by interests, like Families and Adventures. Other services include LivingSocial Escapes, which features easy "vacations in a box" to leading destinations, and LivingSocial Instant, which helps members discover real-time discounts at nearby restaurants, stores, and other businesses. The company was founded in 2008 by Tim O'Shaughnessy and Eddie Frederick. LivingSocial's headquarters are located in Washington, D.C. with additional offices in numerous cities in United States and Great Britain. LivingSocial was acquired by Groupon in October, 2016.
Keywords
Keywords
Classified
Private