Recent E-Commerce Acquisitions

Acquisition Volume in E-Commerce by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Recent E-Commerce Acquisitions. 89 2022 49 2023 42 2024 33 2025 ~26 est. 6 2026
Actual Full-year estimate

This page highlights recent M&A across the E‑Commerce sector, with transactions involving marketplaces, direct‑to‑consumer retail, travel OTAs, and specialized platform services. Recent deals span the United States, United Kingdom and parts of Europe and feature both strategic acquirers and financial sponsors.

Buyers are executing platform roll‑ups and capability acquisitions to expand fulfillment, marketplace reach and creator or livestream commerce. Examples include MyMiniFactory acquiring Thingiverse, iHerb acquiring Vitacost, and Deck2 Capital beginning an OTA roll‑up with the acquisition of Auto Europe.

What Stands Out

  • Platform consolidation and roll‑ups: acquirers are combining marketplaces or buying platform businesses to scale (for example, MyMiniFactory + Thingiverse and Deck2 Capital launching an OTA roll‑up with Auto Europe).
  • Capability and category expansion: buyers are adding DTC and category capabilities—nutrition and supplements (iHerb + Vitacost), bullion retail and custody (Gold.com + Monex/Atkinsons), and Amazon/marketplace agency services (Remazing Group + Namox).
  • Marketplace, fulfillment and tech focus: deals target dropship and curated marketplace networks, fulfillment and order-processing scale, and tech-enabled services (see Logicbroker + Virtualstock and several platform integrations).
  • Geographic concentration: a large share of recent transactions are based in the United States and United Kingdom, with notable activity also in Germany (Saxony).
  • Buyer
    upGrad
    Target
    Internshala
    Industry
    E-Commerce
    Location
    Haryana, India
    Type
    Buyout

    upGrad has acquired Internshala, the early-talent internship marketplace, in a 90% stock-swap deal for an undisclosed amount. Internshala will continue to operate as an independent brand under its founder and CEO Sarvesh Agrawal while leveraging upGrad’s platform, scale, and technology to expand product innovation and AI-led talent matching.

  • Buyer
    MD Holdings
    Target
    FactoryMation
    Seller
    Russ Sanders
    Industry
    E-Commerce

    FactoryMation, a founder-led e-commerce distributor of electrical components, has partnered with MD Holdings to accelerate strategic growth. The transaction is intended to preserve FactoryMation’s culture while bringing MD Holdings’ investment and operational support to scale faster and expand into new markets.

  • January 28, 2026
    Buyer
    Rover Group, Inc.
    Target
    Meowtel Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Rover Group, Inc. has acquired Meowtel Inc., a U.S.-focused cat-sitting marketplace, to accelerate Rover's investment in cat-centric care. Meowtel will continue to operate as an independent brand under its co-founders Sonya Petcavich (CEO) and Bruno Leveque (CTO); terms were not disclosed.

  • Buyer
    Rich Sparkle Holdings
    Target
    Step Distinctive Limited
    Industry
    E-Commerce
    Location
    United Kingdom
    Type
    Buyout

    Rich Sparkle Holdings (ANPA.US) announced it has completed the acquisition of Step Distinctive Limited, a core company associated with TikTok creator Khaby Lame, with Lame expected to become a controlling shareholder. The deal includes a 36-month strategic cooperation giving Anhui Xiaoheiyang Network Technology Co., Ltd. exclusive global full-chain operating rights to run livestream and short-video commerce, TikTok Shop operations, cross-border fulfillment and an AI "Digital Twin" program to scale multilingual content.

  • Buyer
    iHerb Holdings, LLC
    Target
    Vitacost.com, Inc.
    Seller
    The Kroger Co.
    Industry
    E-Commerce
    Type
    Buyout

    iHerb Holdings, LLC has completed the acquisition of Vitacost.com, Inc. from The Kroger Co., acquiring the Vitacost brand, intellectual property and inventory. The deal—terms undisclosed—is intended to accelerate iHerb's U.S. market presence, expand its customer base and strengthen its position in the vitamins, minerals and supplements and natural products e‑commerce category.

  • Buyer
    Gold.com, Inc.
    Target
    Monex Deposit Company, Atkinsons Bullion & Coins
    Industry
    E-Commerce
    Type
    Buyout

    Gold.com (formerly A‑Mark Precious Metals) closed the acquisition of Monex Deposit Company on January 2, 2026 and also purchased an additional 24.5% equity interest in U.K. online retailer Atkinsons Bullion & Coins, bringing its total stake to 49.5%. The deals expand Gold.com's direct‑to‑consumer footprint and capabilities in bullion retail, custody/storage and international distribution while beginning integration of Monex's operations.

  • Buyer
    eBay
    Target
    Depop
    Seller
    Etsy
    Industry
    E-Commerce
    Type
    Buyout

    eBay and Etsy entered into a definitive agreement under which eBay will acquire Depop for approximately $1.2 billion in cash, subject to purchase price adjustments. The deal is intended to strengthen eBay’s consumer-to-consumer (C2C) fashion resale offering by adding Depop’s Gen Z- and Millennial-focused marketplace. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals.

  • Buyer
    Flight Centre Travel Group
    Target
    Iglu.com
    Seller
    LDC, Beauport Partners
    Industry
    E-Commerce
    Location
    United Kingdom
    Type
    Buyout

    Flight Centre Travel Group has acquired Iglu.com, the UK specialist online travel agent for cruise and ski holidays, in a purchase that represents a full exit for LDC (and minority co-investor Beauport Partners). Since LDC’s 2015 investment Iglu more than doubled in value to £122m, grew passenger volumes and headcount (to ~418 employees), and will continue to be led by CEO David Gooch under Flight Centre ownership.

  • Buyer
    Remazing Group
    Target
    Namox
    Industry
    E-Commerce
    Location
    Saxony, Germany
    Type
    Addon

    Dresden-based Amazon agency Namox has joined the Remazing Group, expanding Remazing's marketplace services and adding roughly 40 client brands across household, fashion, fitness & nutrition, and home & garden categories. Remazing — a Hamburg-headquartered, PE-backed e-commerce platform (backed by IK Partners) — expects to realize capability and client synergies through shared technology, analytics and centralised functions.

  • Buyer
    Deck2 Capital
    Target
    Auto Europe
    Industry
    E-Commerce
    Type
    Buyout

    Deck2 Capital, the family office led by Cover Genius co-founder Chris Bayley, has acquired Auto Europe as its first platform investment to kick off an approximately $400 million online travel agency (OTA) roll-up. Deck2 will modernize legacy OTAs using its fully owned operating partner Cove—bringing AI-driven pricing, operational automation and embedded insurance distribution to drive margin expansion and future add-ons.

  • Buyer
    The FNA Group
    Target
    Allparts Equipment & Accessories Inc.
    Industry
    E-Commerce
    Type
    Buyout

    The FNA Group, a Pleasant Prairie, Wisconsin-based manufacturer of pressure washers, pumps and outdoor power equipment, has acquired Allparts Equipment & Accessories Inc., a Michigan-based aftermarket parts distributor. The acquisition adds Allparts' replacement-parts catalog, technical support team and high-velocity fulfillment capabilities to FNA's aftermarket and distribution strategy to accelerate product availability and customer service.

  • Buyer
    The Carlyle Group, IMI (International Media Investments)
    Target
    The Very Group
    Seller
    Barclay family
    Industry
    E-Commerce
    Location
    Merseyside, United Kingdom
    Type
    Buyout

    Global investment firm The Carlyle Group has completed an ownership transition to acquire The Very Group, the operator of digital retailers Very and Littlewoods. International media group IMI remains a key stakeholder while the Barclay family exits, and the transaction is intended to strengthen The Very Group’s capital base and support further investment in technology and growth.

  • Buyer
    GigaCloud Technology
    Target
    New Classic Home Furnishings
    Industry
    E-Commerce
    Type
    Buyout

    GigaCloud Technology has entered into a binding term sheet to acquire 100% of New Classic Home Furnishings for $18 million. The deal expands GigaCloud’s channel-agnostic B2B marketplace from e-commerce into brick-and-mortar wholesale, combining New Classic’s retail relationships with GigaCloud’s technology and logistics capabilities.

  • Buyer
    Logicbroker
    Target
    Virtualstock
    Industry
    E-Commerce
    Location
    Berkshire, United Kingdom
    Type
    Buyout

    Logicbroker has acquired UK-based Virtualstock to expand its dropship and curated marketplace capabilities and create a larger global multi-party commerce network. The deal adds Virtualstock’s supplier network (processing over 8 million orders annually and £2 billion+ GMV) and customers such as Aldi, Argos and John Lewis, enhancing Logicbroker’s ability to serve enterprise retailers worldwide.

  • Buyer
    CoStar Group, Inc.
    Target
    Domain Holdings Australia Limited
    Seller
    Domain shareholders, Nine Entertainment Co. Holdings Limited
    Industry
    E-Commerce
    Location
    New South Wales, Australia
    Type
    Buyout

    CoStar Group entered into a binding Scheme Implementation Deed to acquire 100% of Domain Holdings Australia Limited, valuing Domain at an implied enterprise value of A$3.0 billion. CoStar previously bought about 17% of Domain in February 2025 and agreed to purchase the remaining shares via a Scheme of Arrangement, subject to shareholder, court, and regulatory approvals. The acquisition was later successfully completed.

  • Target
    Unnamed e-commerce distribution business (Praesidian portfolio company)
    Seller
    Praesidian Capital
    Industry
    E-Commerce
    Location
    United States

    Praesidian Capital announced the successful exit of its tech-enabled e-commerce consumer products distribution business. The firm did not disclose the buyer, target company name, or transaction financials in the announcement and said it was pleased to realize the investment and thanked the management team.

  • Buyer
    Auction Technology Group (ATG)
    Target
    Chairish Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Auction Technology Group (ATG) has acquired Chairish Inc., the San Francisco-based parent of Chairish and Pamono, for $85 million. The deal combines Chairish's fixed-price, design-focused marketplace with ATG's auction marketplaces to expand selection and sales channels in the global art, antiques and home-furnishings market.

  • Buyer
    Global-e Online Ltd.
    Target
    ReturnGo Ltd.
    Industry
    E-Commerce
    Location
    Israel
    Type
    Buyout

    Global-e Online Ltd. (Nasdaq: GLBE) announced the acquisition of ReturnGo Ltd., an Israeli AI-powered platform for managing ecommerce returns and exchanges. The integration is intended to enhance Global-e’s post-purchase solutions for merchants by automating return, exchange, and related flows.

  • Buyer
    EQT X (EQT)
    Target
    Adevinta's Spanish operations ("Adevinta Spain"), including Coches.net, Adevinta's Spanish operations ("Adevinta Spain"), including InfoJobs, Adevinta's Spanish operations ("Adevinta Spain"), including Milanuncios, Adevinta's Spanish operations ("Adevinta Spain"), including Fotocasa, Adevinta's Spanish operations ("Adevinta Spain"), including Habitaclia
    Seller
    Aurelia Netherlands TargetCo B.V.
    Industry
    E-Commerce
    Location
    Spain
    Type
    Buyout

    EQT X has agreed to acquire Adevinta's Spanish operations ("Adevinta Spain"), which include major Spanish online classifieds platforms such as Coches.net, InfoJobs, Milanuncios, Fotocasa, and Habitaclia. The transaction is expected to close in Q1 2026, subject to customary approvals and conditions.

  • Buyer
    Rokt
    Target
    Canal
    Industry
    E-Commerce
    Location
    United States
    Type
    Buyout

    Rokt has acquired Canal, a distributed commerce infrastructure platform, and will rebrand the product as Rokt Catalog to enable merchants to embed curated third‑party product assortments into checkout without handling inventory or logistics. Canal’s co‑founders will join Rokt’s product leadership as the company integrates the platform with Rokt Brain to expand capabilities and unlock new revenue opportunities across Rokt’s ecommerce products; terms were not disclosed.

  • Buyer
    KKR
    Target
    SupplyHouse
    Industry
    E-Commerce

    KKR has made a strategic investment in SupplyHouse, a leading pure‑play e-commerce distributor of HVAC, plumbing, and electrical products, to support the company's long‑term growth and operational expansion. Financial terms were not disclosed; the partnership will leverage KKR's Ascendant Strategy to help SupplyHouse scale its operations, logistics network, and employee‑ownership initiatives.

  • Buyer
    Dexelance S.p.A.
    Target
    Mohd
    Seller
    Lifestyle Fund (Quadrivio & Pambianco), Mollura family
    Industry
    E-Commerce
    Location
    Sicily, Italy
    Type
    Buyout

    Dexelance S.p.A. has signed a binding agreement to acquire a 65% stake in Mohd from Lifestyle Fund (the Quadrivio & Pambianco vehicle) and the Mollura family, with the Mollura family reinvesting and retaining a prominent role. Mohd, headquartered in Messina, Italy, is a leading multi-channel and e-commerce distributor of premium furnishings that grew from €28m in 2019 to about €70m in 2024, with 115 employees and an EBITDA of €7m.

  • Buyer
    Colombier Acquisition Corp. II, GrabAGun Digital Holdings Inc.
    Target
    GrabAGun, GrabAGun Digital Holdings Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Metroplex Trading Company, LLC d.b.a. GrabAGun.com (GrabAGun) and Colombier Acquisition Corp. II (Colombier II) entered into a merger agreement for a business combination expected to close in the summer of 2025, subject to regulatory approvals and other customary conditions. The resulting public company, GrabAGun Digital Holdings Inc., is expected to be listed on the NYSE under proposed ticker symbols “PEW” and “PEWW.”

  • Buyer
    BloomNation
    Target
    Floom
    Industry
    E-Commerce
    Location
    England, United Kingdom
    Type
    Buyout

    BloomNation, a U.S.-based florist-first technology platform, has acquired Floom, a U.K.-headquartered online marketplace for independent florists. The acquisition expands BloomNation’s geographic reach into Europe (the U.K.) and aims to broaden its product offering and support for local florists in the U.S., Canada and the U.K.

  • Buyer
    Front Row
    Target
    Build in Amsterdam (BIA)
    Industry
    E-Commerce
    Location
    North Holland, Netherlands
    Type
    Buyout

    Front Row has acquired Build in Amsterdam (BIA), a Shopify design and development agency, to expand its creative, Shopify and e‑commerce capabilities and deepen its presence in Europe. The acquisition brings BIA's client roster (including Mammut, Polaroid and Suitsupply) and recurring revenue model into Front Row's connected commerce platform.

  • Buyer
    Andie
    Target
    Richer Poorer
    Seller
    francesca’s
    Industry
    E-Commerce
    Type
    Buyout

    Andie, the New York–based direct-to-consumer swimwear brand led by CEO Melanie Travis, has acquired California-based essentials label Richer Poorer from Francesca’s. The deal — Andie's first acquisition — folds Richer Poorer into Andie's e-commerce operations while keeping the brand standalone to drive cross-discovery, improve merchandising, and accelerate growth as Andie pursues a multi-brand, multi-category strategy.

  • Buyer
    DoorDash, Inc.
    Target
    Deliveroo plc
    Industry
    E-Commerce
    Location
    United Kingdom
    Type
    Buyout

    DoorDash has reached an agreement with Deliveroo’s board for a recommended final cash acquisition of the entire issued and to be issued share capital of Deliveroo. Under the terms, Deliveroo shareholders will receive 180 pence per share, valuing Deliveroo at approximately £2.9 billion (about £2.4 billion enterprise value), with the deal expected to close in Q4 2025 subject to conditions.

  • Buyer
    Instacart
    Target
    Wynshop
    Industry
    E-Commerce
    Type
    Buyout

    Instacart has acquired Wynshop, a Fort Lauderdale–based provider of e-commerce solutions for grocers and retailers, to deepen its enterprise technology offerings and integrate Wynshop capabilities into Instacart’s Storefront Pro and other retailer-facing products. Wynshop will operate as a wholly owned subsidiary, and Instacart plans to bring its e-commerce, advertising, fulfillment, and in‑store solutions to Wynshop partners over time.

  • Buyer
    Paranovus Entertainment Technology Limited (PAVS)
    Target
    Bomie Wookoo Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Paranovus Entertainment Technology Ltd. (NASDAQ: PAVS) completed the acquisition of controlling equity interests in Bomie Wookoo Inc., a New York–based e-commerce solutions and TikTok Shop services provider, in March 2025. The acquisition supports Paranovus’s strategic transformation toward AI-powered entertainment products and TikTok-related e-commerce capabilities.

  • Buyer
    MYT Netherlands Parent B.V. (Mytheresa)
    Target
    YOOX NET-A-PORTER (YNAP)
    Seller
    Richemont
    Industry
    E-Commerce
    Location
    Germany
    Type
    Buyout

    MYT Netherlands Parent B.V. (Mytheresa) has successfully completed its acquisition of YOOX NET-A-PORTER (YNAP) from Richemont. The deal makes Mytheresa the sole shareholder of YNAP, to be consolidated under the “LuxExperience B.V.” umbrella, with Richemont receiving a 33% equity stake in Mytheresa.

  • Buyer
    Forest Lane Capital
    Target
    Simply Hydroponics, LLC
    Industry
    E-Commerce
    Location
    United States
    Type
    Buyout

    Forest Lane Capital, a family office-backed private investment firm, has acquired Simply Hydroponics, LLC to broaden its product offering, strengthen its e-commerce presence, and expand reach across commercial and enthusiast growers. Blue River Financial Group served as advisor to Forest Lane Capital on the transaction.

  • Buyer
    Sanabil Investments, Valar Ventures, Prosus, Tiger Global, Flourish Ventures, Wafra Investment, Qatar Development Bank, Pierre Omidyar's family office, STV, MSA Capital, VSQ, Rocketship VC, Endeavor Catalyst, Raed Ventures
    Target
    ShopUp, Sary
    Industry
    E-Commerce
    Location
    Dhaka, Bangladesh

    Bangladesh-based ShopUp and Gulf-based Sary have merged to form SILQ Group, creating a large B2B commerce platform across the Gulf and Emerging Asia. The merger is backed by a $110 million Series C round led by Sanabil Investments and Valar Ventures with participation from multiple global and regional investors; the combined group will operate branded businesses regionally and launch SILQ Financial for embedded financing.

  • Buyer
    Trove
    Target
    reverse.supply
    Industry
    E-Commerce
    Location
    Berlin, Germany
    Type
    Buyout

    Trove, a leader in branded resale and trade-in solutions, has acquired German resale platform reverse.supply to establish a European headquarters in Berlin and accelerate its global platform rollout. The deal combines Trove's technology and 3PL network with reverse.supply's local market expertise and client roster, enabling Trove to offer expanded resale, returns processing, repair, and marketplace integrations across Europe and the UK.

  • Buyer
    NextTrip
    Target
    Five Star Alliance
    Seller
    John P. McMahon, Other Five Star Alliance shareholders
    Industry
    E-Commerce
    Location
    District of Columbia, United States
    Type
    Buyout

    NextTrip completed the acquisition of the remaining 51% stake in luxury online travel agency Five Star Alliance, making NextTrip the sole owner. The deal will integrate Five Star Alliance's inventory and expertise to bolster NextTrip's luxury travel offerings and support growth across B2C and B2B travel segments.

  • Buyer
    S5 Equity
    Target
    Heartland America
    Industry
    E-Commerce
    Type
    Addon

    S5 Equity, a Southern California private investment firm, has acquired Heartland America, a discount catalog and online direct-to-consumer retailer based in Chaska, Minnesota. The deal is a strategic bolt-on to S5 Equity’s portfolio company Hammacher Schlemmer to capture synergies across distribution, marketing and sales; financial terms were not disclosed.

  • Buyer
    Second Mountain Holdings, LLC
    Target
    EmergencyKits.com
    Seller
    James Shea
    Industry
    E-Commerce
    Type
    Buyout

    Second Mountain Holdings, LLC acquired EmergencyKits.com, a Simi Valley-based e-commerce provider of emergency preparedness kits and supplies. The acquisition, led by Second Mountain manager Chris Farkas, is intended to support product-line expansion, supply-chain optimization and enhanced online customer experience as EmergencyKits.com scales under new ownership; the founder James Shea facilitated the sale.

  • Buyer
    Passport
    Target
    Brand Access
    Industry
    E-Commerce
    Type
    Buyout

    Passport, a Palo Alto-based international e-commerce solutions provider, has acquired Brand Access to integrate in-country fulfillment enablement and marketplace management into its Passport Global offering. The deal expands Passport's capabilities for helping DTC brands scale into markets such as Canada, the UK, the EU and Australia by combining cross-border logistics, localization, and managed local-market services.

  • Buyer
    Kian Capital Partners
    Target
    Eden Brothers
    Industry
    E-Commerce
    Type
    Buyout

    Kian Capital Partners completed a platform acquisition of Eden Brothers, a digitally-native e-commerce retailer of flower bulbs, seeds and gardening products headquartered in Asheville, North Carolina. Founder Sabine Randon will retain a significant ownership stake and remain CEO while Kian supports product and channel expansion, digital growth and potential add-on acquisitions.

  • Buyer
    Creador
    Target
    MG Group
    Seller
    Northstar Group
    Industry
    E-Commerce
    Location
    Special Capital Region of Jakarta, Indonesia
    Type
    Buyout

    Creador, a private equity firm focused on South and Southeast Asia, has acquired a controlling stake in MG Group, a Jakarta-headquartered B2B hospitality marketplace. The investment positions MG Group to accelerate global expansion by leveraging its MG Jarvis microservices platform, a network of over 350,000 accommodation suppliers and 8,000 global buyers, and strong recent growth.

  • Buyer
    YourArt, Maurice Lévy
    Target
    Artmajeur
    Seller
    Founders of Artmajeur
    Industry
    E-Commerce
    Location
    France
    Type
    Buyout

    Maurice Lévy, founder of YourArt, has acquired a majority stake in Artmajeur and will merge the two platforms into a new combined site called ArtMajeur by YourArt. The deal brings together more than 3.6 million artworks, ~130,000 artists and global reach across 78 countries while combining YourArt's AI capabilities (Iris) and editorial services with Artmajeur's marketplace.

  • Buyer
    Inflexion
    Target
    Mecenat Group AB
    Seller
    IK Partners
    Industry
    E-Commerce
    Location
    Sweden
    Type
    Buyout

    Inflexion, a European mid-market private equity firm, has invested in Mecenat Group AB, a Swedish closed user‑group consumer loyalty and marketplace platform. The deal — the inaugural investment from Inflexion’s Enterprise Fund VI — will see Inflexion support Mecenat’s technology, data and product development and help accelerate its M&A-driven growth and geographic expansion beyond Sweden and Finland.

  • November 26, 2024
    Buyer
    LeafLink
    Target
    Leaf Trade
    Industry
    E-Commerce
    Type
    Buyout

    LeafLink has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies, to expand its B2B marketplace capabilities and streamline technology for cannabis operators. The combined platforms will operate as-is while LeafLink rolls out an integration roadmap to deliver expanded marketplace, payments, banking, analytics, and retailer tools.

  • Buyer
    Wine Country Connect, David Studdert, George Studdert
    Target
    Underground Cellar
    Industry
    E-Commerce
    Type
    Buyout

    Wine Country Connect, led by co-founders David and George Studdert, has acquired the distressed wine e‑commerce brand Underground Cellar and relaunched the site with immediate shipping and improved customer service. The Studderts plan to leverage Wine Country Connect's fulfillment and logistics capabilities to restore the brand after Underground Cellar's April 2023 bankruptcy.

  • Buyer
    T.D. Jakes Enterprises
    Target
    Castiron
    Industry
    E-Commerce
    Type
    Buyout

    T.D. Jakes Enterprises has acquired e-commerce technology startup Castiron to power the launch of Nourysh, an all‑in‑one marketplace targeting underrepresented and under‑resourced entrepreneurs. Castiron’s technology will provide AI analytics, inventory and CRM tools, marketing automation, and payments support as TDJE scales the Nourysh platform through its Good Soil Movement community.

  • Buyer
    Beyond, Inc.
    Target
    The Container Store Group, Inc.
    Industry
    E-Commerce
    Type
    Buyout

    Beyond, Inc. provided an update to investors on a pending transaction with The Container Store Group, Inc., including concerns about the adequacy of The Container Store’s planned financing under the purchase agreement. The Securities Purchase Agreement dated October 15, 2024 required The Container Store to secure new, commercially acceptable financing as a condition to closing, with a termination right if acceptable financing is not reached by January 31, 2025.

  • Buyer
    Wonder
    Target
    Grubhub
    Seller
    Just Eat Takeaway.com
    Industry
    E-Commerce
    Type
    Buyout

    Wonder, a food-hall and “super app” platform, announced it will acquire Grubhub, the U.S. food ordering and delivery marketplace, from Just Eat Takeaway.com for an enterprise value of $650 million. Completion is expected in Q1 2025, subject to customary regulatory approvals.

  • Buyer
    Paw Prosper
    Target
    K9 Mobility
    Seller
    Alison Hunt, Rod Hunt
    Industry
    E-Commerce
    Location
    United Kingdom
    Type
    Addon

    Paw Prosper, a pet health and wellness portfolio based in Colorado, has acquired K9 Mobility, a UK-based online marketplace for canine mobility products. The acquisition gives Paw Prosper a dedicated e-commerce presence in the United Kingdom and broader Europe, enabling easier access to veterinarian-recommended rehabilitative and supportive pet products across the region.

  • Buyer
    Printful, Printify
    Target
    Printful, Printify
    Industry
    E-Commerce
    Location
    Latvia
    Type
    Buyout

    Printful and Printify have merged as equal partners to form a unified print-on-demand e-commerce company, with both platforms continuing to operate under their existing brands. The combined business, led by Printful CEO Alex Saltonstall as CEO and Printify CEO Anastasija Oleinika as President and Head of Platform, aims to expand product selection, geographic reach, and fulfillment capabilities for millions of merchants worldwide.

  • Buyer
    Group Bayport
    Target
    Optamark, NorthCape
    Industry
    E-Commerce
    Location
    United States
    Type
    Buyout

    Group Bayport has acquired a majority stake in Connecticut-based Optamark and completed a 100% acquisition of Chicago-based NorthCape to expand its product personalization and promotional offerings. The deals add more than 3,000 products and strengthen Group Bayport's capabilities in promotional materials and custom outdoor covers and cushions, with both businesses remaining led by their current management teams.

  • Buyer
    2A Group, LLC
    Target
    CheaperThanDirt.com
    Industry
    E-Commerce
    Type
    Addon

    2A Group, LLC has acquired the CheaperThanDirt.com brand and its ammunition and shooting-accessory inventory. The acquisition (made through subsidiaries) will be integrated with 2A Group’s existing ecommerce operations (including LuckyGunner.com); firearms inventory and the firearms division were not purchased and will not be offered on the site.

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Frequently Asked Questions

What kinds of buyers are active in e‑commerce M&A?

A mix of strategic acquirers (marketplaces, retailers and platform operators), private equity and investment firms, family offices and specialist investors. Recurring buyer names on this page include Kian Capital, Silver Lake, The Carlyle Group, Deck2 Capital and smaller strategic buyers such as MyMiniFactory and iHerb.

Which geographies show the most activity?

Recent deal activity on this page is concentrated in the United States and the United Kingdom, with additional transactions in Germany (Saxony) and other European markets.

What capabilities are acquirers prioritizing?

Common priorities are marketplace scale, fulfillment and order‑processing capabilities, customer and inventory acquisition for DTC growth, and technology to support dropship, livestream/creator commerce and AI‑driven features (for example, digital twin and pricing automation).

How are deals typically structured in this sector?

Structures range from full acquisitions and platform roll‑ups to stake increases and independent‑brand carve‑ins. Examples include full-platform buys (e.g., MyMiniFactory + Thingiverse), minority stake increases (Gold.com increasing its stake in Atkinsons), and platform roll‑ups initiated by family offices or PE (e.g., Deck2 Capital).

Related Acquisition Pages