Tech Company M&A Transactions
Flow Commerce Acquisition
On 1/4/2022, Flow Commerce was acquired by Global-e. Global-e said the transaction price was $500 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/4/2022
Transaction Type
M&A
Amount
$500,000,000
M&A Terms
The deal is valued at up to approximately $500 million (in equal portions of cash and Global-e shares), comprised of a base consideration of approximately $425 million and up to approximately $75 million in potential additional consideration based on certain financial results in 2021, plus approximately $45 million in Global-e shares for certain assumed, performance-based vesting warrants for Flow shares.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
22 Hudson Pl. 3rd Floor
Hoboken, NJ 07030
USA
Hoboken, NJ 07030
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Flow was the brainchild of Rob Keve and Mike Bryzek. Their shared vision to create a next-generation solution for cross-border ecommerce was the natural evolution of their roles as founder of customer-experience pioneer Fizzback (acquired by NICE) and co-founder of e-commerce giant Gilt (acquired by HBC).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rob Keve
Browse more venture capital transactions:
Prev: 1/4/2022: Monzo venture capital transaction
Next: 1/4/2022: AIMMO venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs