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Announced

Completed

Klarna completed the acquisition of HERO.

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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Private

Acquisition

Completed

Cross Border

ecommerce

Majority

E-commerce

omnichannel marketing

Single Bidder

Friendly

United States

Synopsis

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Klarna, a retail bank, completed the acquisition of HERO, a social shopping platform. Financial terms were not disclosed. "Klarna is a company we've long admired. They have built an iconic brand and proposition, and a unique culture that makes it the perfect home for our team. By joining forces we are able to bring our technology to even more merchants and consumers across the world, making online shopping more social, interactive and ultimately more human," Adam Levene, HERO Founder.

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