E-Commerce Acquisitions in North Carolina

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.

Karma Wallet, a Raleigh-based fintech focused on sustainable consumer spending, has acquired DoneGood, an ethical e-commerce marketplace featuring 100+ vetted brands. The acquisition will integrate DoneGood's marketplace and merchant network into Karma Wallet's membership, data platform and upcoming prepaid card to offer members cashback, free shipping and sustainability ratings tied to their purchases.

eBay Inc. has acquired the myFitment group of companies (including myFitment, LLC and Illumaware, LLC) to bring vehicle fitment and parts-matching technology in-house. The acquisition aims to improve the parts & accessories listing experience by reducing returns and increasing buyer satisfaction across eBay's motors category.

Seawall Capital has made a strategic investment in Sports Endeavors, the Hillsborough, North Carolina-based owner of Soccer.com, WorldSoccerShop and 431 Sports. The transaction will partner Seawall with founders Mike and Brendan Moylan to accelerate growth, expand capabilities (including team uniform customization and DTC/e‑commerce operations) and position the business to capture rising youth-soccer and fan demand ahead of the 2026 World Cup; debt financing was provided by Goldman Sachs Asset Management Private Credit and Huntington Business Credit.

Berkshire Partners led a recapitalization of Fast Growing Trees, with Cove Hill Partners participating as a minority investor and Summit Park remaining as an investor/partial seller. Fast Growing Trees is a Charlotte-based direct-to-consumer e-commerce retailer of trees, shrubs and live goods operating multiple branded websites; terms were not disclosed.

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.

CafePress has acquired Canvas On Demand, including its Canvas On Demand Pro service and Great Big Canvas shop, to expand its art and custom canvas printing capabilities. Canvas On Demand will continue operating from Raleigh, North Carolina, and co-founders Joe Schmidt and Tom Lotrecchiano will serve as general managers of CafePress' art business. Financial terms were not disclosed.