Shutterfly Acquires Tiny Prints for $333,000,000

  • Feed Type
  • Date
  • Company Name
    Tiny Prints
  • Mailing Address
    415 East Middlefield Road Mountain View, CA 94043
  • Company Description
    Tiny Prints, Inc. is a web-based company comprised of two brands offering premium, personalized, social stationery, Tiny Prints and Wedding Paper Divas. Tiny Prints and Wedding Paper Divas provide simple, modern and unique stationery from birth announcements to baby shower and wedding and party invitations to thank you cards and holiday photo cards. Offering exclusive designs from the nation’s top designers, easy card personalization, a powerful preview engine and top-notch customer service, their designs have been lauded by numerous television networks, publications and celebrity parents.
  • Website
  • Transaction Type
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the definitive agreement, Shutterfly will acquire all of the outstanding stock of Tiny Prints, Inc. in exchange for approximately $141 million in cash and approximately 3.9 million shares of Shutterfly common stock. In addition, Shutterfly will reserve approximately 1.4 million shares of common stock as consideration for the vested and unvested Tiny Prints employee equity awards assumed by Shutterfly.

Trending on Xconomy