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New Deal


Announced

E. Gluck to invest in WITHit.

Financials

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

Tags

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wearable technology

Acquisition

Pending

Majority

Friendly

United States

Private

Domestic

Single Bidder

Luxury Items

Synopsis

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E. Gluck, an American watch manufacturer, agreed to invest in WITHit, a Las Vegas-based wearable technology accessories designer and manufacturer. Financial terms were not disclosed. "In WITHit, E. Gluck Corporation has found a younger version of itself. A company driven and guided by its core values and a relentless dedication to customer satisfaction. We are excited on a corporate level to be joining forces and even more so, to having these incredible individuals joining our EGC family," Bobbie Weichselbaum, E. Gluck CEO.

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