Tech Company M&A Transactions
Citrus Lane Acquisition
Operating out of Mountain View, Citrus Lane was bought by Care.com. Deal value was $48.6 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/17/2014
Transaction Type
M&A
Amount
$48,600,000
M&A Terms
The acquisition has been completed for consideration of $22.9 million cash and $8.1 million in equity at close. The agreement also provides for up to an additional $17.6 million in earn out payments of cash and equity over the next two years subject to Citrus Lane's achievement of certain milestones in 2015 and 2016.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
211 S. Whisman Rd. B
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
I like to think of our monthly boxes as care packages to help moms and dads on their parenting journeys. Every product we include has been recommended and reviewed by our advisory board and our community. No marketing gimmicks, no paid placements -- just real recommendations from real parents for products that solve real problems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mauria Finley
VP - Marketing
Terra Terwilliger
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Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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