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New Deal


Announced

Completed

Goldman Sachs-backed West Street Capital Partners and Hearst completed the acquisition of Slickdeals from Warburg Pincus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online shopping

E-commerce

United States

Private

Acquisition

Completed

Friendly

Single Bidder

Private Equity

Majority

Synopsis

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Goldman Sachs-backed West Street Capital Partners completed the acquisition of Slickdeals, a consumer-driven deal sharing platform, from Warburg Pincus, a global private equity firm. Financial terms were not disclosed. "I'm very proud of the passionate and dedicated team at Slickdeals, and grateful to our 10 million monthly active users and thousands of retail partners. Warburg Pincus has provided strong partnership and support over the past six years in strengthening and expanding our business, and we look forward to leveraging GS MBD's capabilities to further advance our growth," Josh Meyers, Slickdeals CEO.

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