Apollo’s cash offer of $51 per share represents a premium of about 1.5% to Shutterfly’s closing price on Monday.
[17], American photography, photography products, and image sharing company, Learn how and when to remove this template message, "Shutterfly.com Traffic, Demographics and Competitors - Alexa", "Shutterfly names Hilary Schneider its new CEO", "Shutterfly's Improbably Long Survival (and Success)", "Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.7 billion", "Shutterfly Secures $3 Million In Incremental Capital", "Shutterfly, Inc. Stock Quote & Summary Data", "Shutterfly Buys Tiny Pictures For A Tiny Price", "Shutterfly to buy photography company Lifetouch for $825 million", "Shutterfly, Inc. and Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management, Inc. Do more with all those phone pics and relive your memories with Groovebook. [23], Lifetouch: The world's largest school photography company was acquired in 2018 in an all-cash deal for $825 million. Snapfish is a web-based photo sharing and photo printing service owned by Shutterfly. [6] [4][5], Shutterfly was founded in December 1999 as an internet-based social expression and personal publishing service. In 2011, Shutterfly acquired Tiny Prints, Inc. and Wedding Paper Divas. [16] The merger of Shutterfly and Snapfish was completed on January 8, 2020.[17]. At Shutterfly, Inc., our purpose is to help share life’s joy as the leading retailer and manufacturing platform for personalized products and communications. Shutterfly bought school photography company Lifetouch for $825 million last year. Shutterfly also currently offers a Wedding Shop within Shutterfly.com that provides end-to-end products and inspiration for the Big Day. Announce The Closing Of The Previously Announced Transaction With Snapfish And Shutterfly", https://en.wikipedia.org/w/index.php?title=Shutterfly&oldid=965026503, Companies based in Redwood City, California, Short description is different from Wikidata, Articles with a promotional tone from November 2019, Wikipedia introduction cleanup from November 2019, Articles covered by WikiProject Wikify from November 2019, All articles covered by WikiProject Wikify, Articles containing potentially dated statements from March 2019, All articles containing potentially dated statements, Articles with unsourced statements from June 2019, Articles with unsourced statements from November 2019, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 28 June 2020, at 23:57.
Built on the tradition of “Picture Day”, Lifetouch School Photography captures smiling faces from kindergarten through high school graduation, as well as sports, events, seniors and yearbooks; and also serves customers in JCPenney Studios, Preschool and Church divisions. From fast shipping to superb service, Tiny Prints makes it easy to connect with your loves ones. Unlike other divisions of Shutterfly that were acquired, Treat was developed internally. The site has 4,500 fully customizable card designs and has a partnership with Hallmark. We offer the best gear, exceptional customer service, and convenient shipping, pick-up and return options. [15] On September 25, 2019, Apollo's acquisition of Shutterfly was completed, while the proposed merger of Shutterfly and Snapfish was still in process. [19] ThisLife lets you pull in all your photos from different sources such as social networks, mobile devices, personal computer, or stored online into one place. For more than 80 years, Lifetouch has been the professional photography choice for schools and families. The company's flagship product is its photo book line. [citation needed] In 2018, Shutterfly acquired Lifetouch for $825 million. [13] It will pay a reported $300 million for Snapfish.
ThisLife has raised a $2.75 million seed round led by Madrona Venture Group, with Madrona Managing Director Greg Gottesman joining its board.
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