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New Deal


Announced

Completed

Basic.Space completed the acquisition of Design Miami/.

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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design agency

United States

Household Furnishings

Single Bidder

Friendly

Completed

Acquisition

Domestic

Majority

Private

Synopsis

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Basic.Space, curated marketplace that sells a blend of pre-owned/vintage and new, exclusive products, completed the acquisition of Design Miami/, a global forum that brings together collectible museum-quality 20th and 21st-century furniture, lighting, and objets d'art. Financial terms were not disclosed. "Combining Basic.Space's digital reach, keen understanding of curated collaborations, and community of leading-edge creatives with Design Miami/'s global forum of galleries, designers and luxury brands will invigorate the brand and position it for expansion into new territories for live experiences," Craig Robins, Design Miami/ Co-Founder.

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