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Weekly M&A Report – October 10th, 2022

Tags:

  • 72 announced deals
  • Median multiple of 3x
  • $547.1B total deal value year to date

Standout Deals from Last Week:

Duolingo to Acquire Gunner – Read More

Duolingo, the world’s leading mobile learning platform, announced that it has completed the acquisition of Gunner, a design and animation studio based in Detroit. Duolingo uses animation in its learning apps to drive engagement, keep learners motivated, and build its globally recognized brand.

Peak Rock Capital to Acquire Spatial Business Systems – Read More

An affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private investment firm, announced today that it has completed an acquisition of Spatial Business Systems LLC (“SBS” or the “Company”), in partnership with the Company’s founders and management team.

Naver to Acquire Poshmark – Read More

South Korean tech firm Naver Corp said it agreed to a $1.6-billion deal to buy Poshmark Inc, a US apparel resale platform firm, as a strategic investment to enter the US ecommerce market.

Read more of the report below: