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New Deal


Announced

Discord to acquire Gas.

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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United States

social media

Pending

Private

Friendly

Single Bidder

mobile app

Majority

Online and Social Platforms

online platform

Domestic

Acquisition

Synopsis

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Discord, a messaging platform, agreed to acquire Gas, an app that’s popular among teens for its positive spin on social media. Financial terms were not disclosed. "At this time, Gas will continue as its own standalone app and the Gas team will be joining Discord to help our efforts to continue to grow across new and core audiences. We’re always working to create an inclusive world where no one feels like an outsider and we’re excited to welcome Gas to the Discord community as our next step to fulfilling that vision," Discord.

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