Hudson’s Bay Company Acquires Gilt Groupe for $250,000,000

Company Information

Company
Gilt Groupe

Website

http://www.gilt.com

Location
2 Park Ave. 4th Floor New York, NY 10016

Description
Gilt Groupe provides invitation-only access to highly coveted products and experiences at insider prices. Each day, Gilt offers its members a curated selection of merchandise, including apparel, accessories and lifestyle items across the women’s, men’s and children’s categories.

Transaction Details

  • Date – 1/7/2016
  • Transaction Type – M&A
  • Transaction Amount – $250,000,000
  • Transaction Round
  • M&A Terms – The acquisition will be paid for with all cash.