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New Deal


Announced

PayPal to acquire Happy Returns.

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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Pending

Acquisition

Single Bidder

Domestic

fintech company

Private

Friendly

FinTech

United States

Majority

Synopsis

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PayPal, a technology platform company, agreed to acquire Happy Returns, an online returns start-up. Financial terms were not disclosed. “The post-purchase experience is something we’ve been looking into, since it’s such a pain point — people want to shop online and return in store, and vice versa. For retailers, we’re providing more comprehensive services beyond payments," Frank Keller, PayPal Senior Vice President of Consumer In-Store and Digital Commerce.

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