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New Deal


Announced

Intuit to acquire Mailchimp for $12bn.

Financials

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Transaction Value£8,676m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Pending

Domestic

commerce platform

Acquisition

Majority

Private

Single Bidder

Friendly

Software

Synopsis

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Intuit, an American business and financial software company, agreed to acquire Mailchimp, an operator of a marketing and commerce platform, for $12bn. “We’re focused on powering prosperity around the world for consumers and small businesses. Together, Mailchimp and QuickBooks will help solve small and mid-market businesses’ biggest barriers to growth, getting and retaining customers. Expanding our platform to be at the center of small and mid-market business growth helps them overcome their most important financial challenges. Adding Mailchimp furthers our vision to provide an end-to-end customer growth platform to help our customers grow and run their businesses, putting the power of data in their hands to thrive," Sasan Goodarzi, Intuit CEO.

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