Direct-to-consumer shaving startup Harry’s has agreed to be acquired by Edgewell Personal Care, the parent company to Schick and other personal care brands that include Edge, Wilkinson Sword, Banana Boat, Playtex, Stayfree, and Hawaiian Tropic. The transaction is a combination of cash and stock with over $1.08B or 79% coming in cash. “When we launched […]
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News for the week ending 4/13 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Lemonade, Bentobox, […]
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.
According to data from our friends at Crunchbase, there were 409 acquisitions of New York companies in 2018, up from 354 in 2017. Today, I shine a spotlight on 25 of these notable transactions involving NYC startups that were acquired in during 2018. I have included the acquiree, the acquirer, transaction amount (when available), as well […]
FanDuel, the fantasy sports site that allows users to win real money, has been acquired by UK and Ireland-based Paddy Power Betfair. The terms of the transaction were not disclosed but publicly-traded Paddy Power Betfair will be merging its US operations with FanDuel, injecting some cash to service FanDuel’s existing debt load, and will have […]