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New Deal


Announced

Completed

IAC completed the acquisition of Care.com for $500m.

Financials

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Transaction Value£381m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium34%
One Off Charge-

Tags

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United States

Public

Majority

Single Bidder

care services

Friendly

Consumer Services: Other

Acquisition

Completed

Domestic

Synopsis

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IAC, an American holding company that owns brands across 100 countries, completed its acquisition of Care.com, the provider of various care services, for $500m. "Care.com has the potential to transform how families connect with all aspects of care while also empowering caregivers with new ways to grow income. Our immediate priority is to drive accelerating growth for Care.com as a safe, accessible and reliable platform for families and high-quality caregivers. We're excited to begin this next chapter," Tim Allen, Care.com CEO.

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