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New Deal


Announced

Completed

Style3D completed the acquisition of Assyst.

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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Single Bidder

Digital Services

Germany

fashion technology

Completed

Private

Cross Border

Majority

Friendly

Acquisition

Synopsis

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Style3D, a digital solution provider in the global fashion industry, completed the acquisition of Assyst, a fashion technology company. Financial terms were not disclosed. "Our combined strengths, comprising Assyst's industry experience and Style3D's Original Simulation Engine, will create a joint force in the global fashion technology ecosystem, helping companies transform through 3D digitalization. In addition, Assyst's local service capability will also allow Style3D customers to accelerate their adoption of digitalization," Eric Liu, Style3D CEO and Founder.

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