Groupon rival BuyWithMe has acquired Scoop St, a social commerce company focused on the New York City market.
Round-up of today’s M&A deals
Groupon rival BuyWithMe has acquired Scoop St, a social commerce company focused on the New York City market.
Its operating model is similar to that of Groupon, with Scoop St one-time deals called ‘Scoops’ only made available when a large enough group of people are interested. The company also introduced unique features, like branded events called ‘Experiences’ and a membership loyalty program called ‘Perks’.
According to a statement Scoop St will continue to offer the best ‘Scoops and Experiences’ in New York with BuyWithMe.
The transaction is the fifth acquisition made by BuyWithMe this year. The deals were all said to be complimentary to growth and are as follows: Chicago deals site DealADayOnline, San Francisco deals site Swoop, loyalty company Edhance, and deals site LocalTwist.
Round-up of today’s M&A deals
- Private equity investment firm, H.I.G. Capital, has acquired Next Generation Vending and Food Service
Value: undisclosed
Advisers: undisclosed
- Tetra Tech has bought engineering firm Metalica Consultores
Value: undisclosed
Advisers: undisclosed
- OnCore to acquire Victron with the combination creating an EMS Provider to Medical, Aerospace & Defense, Industrial and Communications Markets
Value: undisclosed
Advisers: undisclosed
- Quality Systems has entered into an agreement to acquire CQI Solutions, a provider of surgery information systems
Value: undisclosed
Advisers: undisclosed
- Defense contractor General Dynamics UK will expand in the growing market for healthcare information technology with the purchase of Vangent
Value: £584.25 million
Advisers: undisclosed
- Nordic Games Holding Group has acquired publisher Jowood. The company has also acquired The Adventure Company
Value: undisclosed
Advisers: undisclosed
