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New Deal


Announced

SellerX to acquire Elevate Brands.

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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Pending

Friendly

Single Bidder

Private

Majority

eCommerce aggregator

Acquisition

E-commerce

United States

Cross Border

Synopsis

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SellerX, a Berlin-based eCommerce company, agreed to acquire Elevate Brands, an eCommerce aggregator. Financial terms were not disclosed. “Elevate Brands and SellerX are a perfect match: a strong cultural fit, a shared vision, and complementary capabilities. This acquisition combines our know-how and diversified portfolios of strong brands with a market-leading technology platform and strong operational infrastructure. By leveraging our combined strengths, I am convinced we are well-positioned to drive further consolidation in the industry,” Philipp Triebel, SellerX Co-Founder.

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