Consumer Internet M&A Transactions

Swapfiets buys Dance, creating a major player in European e-bike subscriptions. Industry consolidation intensifies amid market shifts.

Cloud9 buys M-Tickets in a $773,000 deal to embed financial services into consumer lifestyles, expanding its fintech reach in Kenya.

Delivery Hero SE is exploring the sale of its South Korean food delivery leader, Baedal Minjok, for approximately $5.4 billion. Potential buyers include Naver, Uber, Alibaba, and DoorDash.

Bending Spoons finalizes acquisition of Austrian pet-tech firm Tractive. CEO Michael Hurnaus departs. Deal value estimated in high hundreds of millions.

Jiji makes its first international acquisition by purchasing Bikroy, the top classifieds site in Bangladesh, signaling significant global expansion.

LY Corp and Bain Capital increase Kakaku.com offer to $4B, surpassing EQT's bid in a competitive battle for the Japanese online services provider.

Jiji buys Bikroy in Bangladesh, its first South Asian move. Learn about the strategy behind this major online marketplace consolidation.

EQT's BPEA Private Equity Fund IX proposes to acquire Kakaku.com at JPY 3,000 per share, signaling increased PE interest in Japan's digital sector.

EQT's BPEA Private Equity Fund IX launches tender offer for Japan's Kakaku.com at JPY 3,000 per share, targeting digital consumer platforms.

French tech unicorn Voodoo secures majority control of DC Company, integrating digital media outlets Konbini and Le Gorafi into its expanding portfolio.

Bain Capital and LY Corp launch a joint $3.7B bid for Kakaku.com, intensifying competition with EQT for the Japanese price comparison platform.

EQT's BPEA Private Equity Fund IX targets Kakaku.com for privatization with a tender offer, signaling strong interest in Japan's digital services sector.

EGYM

Major German startup exits in early 2026, including EGYM, Talon.One, and Blacklane, highlight ecosystem growth and value creation across tech, health, and mobility sectors.

Creative Artists Agency (CAA) expands brand management with Beanstalk acquisition. JPE Capital and Beach Point Capital Management LP exit. Learn more.