ClassPass, the monthly fitness subscription marketplace that features over 30,000 studios, gyms, and wellness providers, is being acquired by Mindbody, the technology platform that connects wellness providers to consumers and allows providers to manage their businesses. Terms of the transaction were not disclosed but it’s an all-stock deal.
Brainchild Holdings
Lululemon Acquires Mirror for $500M to Move into Hardware
Lululemon, the Vancouver-based athleisure company, has agreed to acquire NYC-based Mirror, the connect fitness system for $500M in an all-cash transaction.
Good Uncle Gobbled Up by Aramark
Good Uncle, the on-demand food delivery service serving college campuses, has been acquired by food service titan Aramark. The terms of the transaction were not disclosed. “Good Uncle strengthens our ability to offer quality and convenience through services that allow our college consumers to order restaurant-quality food and have it delivered when and where they […]
Harry’s Acquired for $1.37B by Edgewell, the Parent Company to Schick
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 […]
#NYCtech Week in Review: 3/17/19-3/23/19
NYC Tech News for the week ending 3/23 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for two freshly minted NYC unicorns, Splice, Fetcher, and much more…
The AlleyWatch NYC Startup Daily Funding Report: 3/20/19
The latest venture capital, seed, and angel deals for NYC startups for 3/20/19 featuring funding details for Thinknum, Unite Us, and much more.
25 NYC Startup Acquisitions in 2018 You Need to Know About
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 […]
Micro-learning Platform Grovo Acquired by Cornerstone OnDemand for $24M
NYC-based micro-learning content platform Grovo has been acquired by Santa Monica-based Cornerstone OnDemand, a publicly traded learning and human capital management software company for $24M in an all-cash deal. “The acquisition of Grovo helps fulfill the vision we had on day one for Cornerstone to improve access to education on a global basis. As leaders […]
#NYCtech Week in Review: 10/14/18-10/20/18
NYC Tech News for the week ending 10/20 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for SAM.AI, vertoe, Seva, Axio, Chief, Exenta, and much more…
The AlleyWatch NYC Startup Daily Funding Report: 10/17/18
The latest venture capital, seed, and angel deals for NYC startups for 10/17/18 featuring funding details for Hero, WhiteSource, ConveyIQ, and TG-17.
This NYC Startup Just Raised Another $25M to Bring a Studio Workout to Your Home
A popular excuse for not working out is: it’s an inconvenience. Joining a gym is inconvenient and finding the time is difficult. But that’s all destined to change with the creation of MIRROR, the first-ever interactive hardware-enabled home gym that streams live and on-demand fitness classes. Classes are led by NYC’s top fitness instructor and […]