YieldStreet, the alternative investment platform for retail investors, has agreed to acquire Athena Art Finance from the Carlyle Group and its co-investors for $170M. “Athena is the leading provider of credit solutions for the global art market and has scaled the business with strong growth and asset performance. Art financing is an attractive asset class […]
Trilogy Education, a white-label platform for universities to offer educational bootcamps for coding, data analytics, UX/UI, and cybersecurity, has been acquired by 2U, a diversified education technology company, for $750M. The deal is a combination of cash ($400M) and stock ($350M). “By joining forces with 2U, Trilogy Education can empower universities to reach more students, […]
Lonely Planet has agreed to acquire TRILL Travel, the visual technology that makes photographs on Instagram instant bookable travel experiences. Terms of the transaction were not disclosed. “Lonely Planet is the perfect platform to fully realize the potential of TRILL. I’m extremely excited to be part of this new chapter at Lonely Planet and look […]
WeWork has agreed to acquire Managed by Q, the platform for office management. Terms of the transaction were not disclosed but sources indicate that the deal is a combination of equity and cash.
Bryan Goldberg and Bustle have scooped up The Outline, a digital news publication launched in 2016 by Joshua Topolosky. Terms of the transaction were not disclosed but all signs point to this being an acquihire as The Outline shed the majority of its staff in the Fall of 2018.
AI-powered personalization platform Dynamic Yield has been acquired by McDonald’s. The terms of the deal were not publicly disclosed but sources with knowledge of the transaction have pegged the total amount to be north of $300M. “We started Dynamic Yield seven years ago with the premise that customer-centric brands must make personalization a core activity. We’re […]
Coding bootcamp Full Stack Academy has been acquired by higher education company Bridgepoint Education in a transaction that has a potential value of approximately $50M. The terms of the deal include $17.5M in cash along with 2.5M shares of Bridgepoint, which is currently trading at $6.74 as of this writing (an additional $16.85M). The acquisition […]
Streaming music service Spotify has acquired two NYC podcasting startups – Gimlet Media and Anchor. Terms of the transactions were not disclosed but reports pegged Gimlet’s acquisition price to be north of $200M
Not a single dollar. Zero, nada, nil…
Today, we take a look at the major tech IPOs from 2018. The IPOs were few and far between in the overall market. We shine a spotlight on the eight tech companies that were able to debut their offerings on the Nasdaq and NYSE in 2018 as we anticipate some major IPOs for 2019 (Uber […]
Eight days into the new year and we have our first NYC Tech acquisition of 2019.