Tech Company M&A Transactions
Loop Commerce Acquisition
Loop Commerce, based in Menlo Park, was acquired by Synchrony Financial. The financial terms of the deal were not released.
Transaction Overview
Company Name
Acquired By
Announced On
5/11/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
Synchrony is acquiring Loop Commerce to make it faster and easier for partners to incorporate personalized digital and in-store gifting by marrying the simplicity of Loop Commerce's unique technology platform with Synchrony's deep consumer financial services experience, strong retail partnerships and loyalty programs. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
611 Santa Cruz Avenue
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Loop was born from a feeling of frustration with the online gift-buying experience. While trying to buy meaningful gifts for our families and friends, we realized that something major was broken: online stores simply weren't designed for shopping for someone else.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Erez
Chief Technical Officer
Alex Sirota
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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