Shutterfly Acquires Spoonflower

August 10, 2021

Shutterfly has completed the acquisition of Spoonflower, a global marketplace for custom fabric, wallpaper and home decor, for approximately $225 million of enterprise value. The deal expands Shutterfly's product assortment and connects its 21 million active users to Spoonflower's community of designers, accelerating Shutterfly's entry into the home decor and custom textiles market.

Buyers
Shutterfly
Targets
Spoonflower
Sellers
Guidepost Growth Equity, Bull City Venture Partners
Industry
E-Commerce
Location
North Carolina, United States
Transaction Type
Buyout

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