Announced
Completed
Financials
Tags
United States
acquirer of FBA brands
Acquisition
Venture Capital
Majority
Merger
Private
Completed
Friendly
Single Bidder
Domestic
Synopsis
Suma, a platform for acquiring and scaling Amazon FBA businesses, completed the merger with D1 Brands, an Amazon FBA acquirer built by Amazon-native third-party sellers. Financial terms were not disclosed. "We developed a blueprint for future aggregator consolidations by successfully executing the industry's first US-based merger. With the joining of two teams with extensive industry experience and a fresh round of financing, we're well-positioned to be a leading consolidator of large platforms and we have the playbook to do it efficiently," Yaz Malas, D1 Brands Co-Founder and Co-CEO.
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