Auction Technology to acquire Chairish for $85m.

Auction Technology, a digital marketplace business, agreed to acquire Chairish, an online marketplace, for $85m. "Chairish is a highly strategic addition to our Group as we continue to power the discovery of items worth finding again. Their strong brand, curated inventory, and loyal community enhance our position in the Arts & Antiques category and broaden our reach across high-intent buyers and quality sellers. Together, we expand channel choice, increase marketplace liquidity, and unlock near-term commercial value - including meaningful cost synergies - while advancing our long-term vision to build a trusted, tech-enabled platform for the discovery and exchange of unique secondary items," John-Paul Savant, Auction Technology CEO.