USA TODAY; Nibbs, A. Deal accelerates Shutterfly's expansion beyond photo-based personalization Secures foothold in creator marketplace REDWOOD CITY, Calif. (June 14, 2021) — Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide . Shutterfly, an online photo sharing and digital retail and manufacturing platform for personalized products, announces the completed acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper, and home decor.The acquisition has an approximate enterprise value of $225 million, subject to certain working capital and other adjustments. The acquisition doubles the overall addressable market and allows Shutterfly to help close a gap in the creative sector, which is a USD 2.25 trillion industry, by using its vertically integrated manufacturing platform to deliver high-quality tailor . "At Shutterfly, we believe that anyone can be a creator. Shutterfly in Talks to Go Public Through SPAC Merger. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. Shutterfly CEO Hilary Schneider, joins Yahoo Finance to discuss the Shutterfly's acquisition of Spoonflower for $225M, expanding home decor offerings, and outlook on inflation. An online photo-sharing platform and leading retailer/manufacturer of personalized photo products, Shutterfly bought Spoonflower for $225 million of enterprise value. Its acquisition will increase the depth of what people can create, customize as well as buy on the Shutterfly platform. A Durham-based maker of custom fabrics is being acquired by a major online retailer. Spoonflower is spinning it as if it's a partnership, but Shutterfly is acquiring it. The deal, which is expected to close in the third quarter of 2021, will give Shutterfly access to a new assortment of products including fabric and wallpaper in . This acquisition will increase the depth and breadth of what people can create, customize and buy on the Shutterfly platform including wallpaper, fabric and home decor. And it will connect 21 million active Shutterfly users to more than 1 million designs by independent artists in the Spoonflower global marketplace. Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper and home decor, in an acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. Since we were going off-topic, I decided to start a new topic. The company has acquired Spoonflower, a global marketplace of custom fabric, wallpaper and home décor, for $225 million in order to bolster its home décor business while serving an expanded network of creators. Acquisition doubles total addressable market, expanding leading personalized product platform s reach into fast growing ho. REDWOOD CITY, Calif.- ( BUSINESS WIRE )- Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric . Spoonflower, which specializes in fabrics and wallpaper, will be acquired for $225 million in cash and equity, including debt, in a deal that will add to earnings, according to… Shutterfly, Inc. is the leading digital retailer and manufacturer of high-quality personalized products and services. Shutterfly has announced it will acquire Spoonflower, which prints custom fabric, wallpaper, and gift wrap, for $225 million including debt. Credit: Business Wire. Shutterfly agreed to buy home decor marketplace Spoonflower as the personalized-photography platform seeks to expand its reach in the creator economy. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global . Posted August 10th, 2021 for Shutterfly, Inc. Acquisition doubles total addressable market, expanding leading personalized product platform's reach into fast growing home decor category and securing foothold in creative marketplace. As a part of the Shutterfly family of brands, Spoonflower increases the depth and breadth of what people can create, customize, and buy by connecting Shutterfly users to more than 1 million . Spoonflower will be acquired by Shutterfly in a deal worth $225 million. Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. This acquisition will increase the depth and breadth of what people can create, customize and buy on the Shutterfly platform including wallpaper, fabric and home decor. Shutterfly Acquires Spoonflower for $225M. The Shutterfly/Spoonflower merger has increased the depth of what people can buy on its platform to now include wallpaper, fabric and more home décor choices. REDWOOD CITY, Calif., August 10, 2021--Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper and home decor, in an acquisition for approximately $225 million of enterprise value subject to certain working . Shutterfly customers will now be able to buy custom designs or customize products that incorporate designs by Spoonflower's artist portfolio and those designers will be able to sell their . Guidepost Growth Equity is a leading growth equity firm that partners with technology companies offering innovative solutions in large . Spoonflower, which specializes in fabrics and wallpaper, will be acquired for $225 million in cash and equity, including debt, in a deal that will add to earnings, according to an emailed statement from Shutterfly, which is controlled by Apollo Global Management Inc. Based in Durham, North Carolina and with an . Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. Shutterfly has agreed to buy home decor marketplace Spoonflower in a $225 million deal expected to be completed in the third quarter, Bloomberg reports. Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. The acquisition will enable Shutterfly to more broadly serve the fast-growing home decor marketplace by adding Spoonflower wallpaper, fabric, linens, bedding and other home decor soft goods to its . Shutterfly acquires Spoonflower marketplace for $225 million Shutterfly, a manufacturing platform for personalized products, has acquired Spoonflower, a global marketplace of home […] August 10 . The deal comes two years after private equity giant Apollo Global Management took Shutterfly public in a leveraged buyout (LBO). Acquisition doubles total addressable market, expanding leading . Last year? Eclectic House 7:04pm, 27 September 2021. REDWOOD CITY, Calif., August 10, 2021 -- ( BUSINESS WIRE )--Shutterfly, a . (PRESS RELEASE) REDWOOD CITY, CA - Shutterfly, a digital retailer and manufacturing platform for personalized products, has announced an agreement to acquire Spoonflower, a custom fabric supplier, for approximately $225 million. Business Wire; Lombardo, C. (2021, Mar 4). (Bloomberg) -- Shutterfly agreed to buy home decor marketplace Spoonflower as the personalized-photography platform seeks to expand its reach in the creator economy.Spoonflower, which specializes in fabrics and wallpaper, will be acquired for $225 million in cash and equity, including debt, in a deal that will add to earnings, according to an emailed statement from Shutterfly, which is . Disclosure: Craft Industry Alliance is working with Spoonflower on two content-focused projects in 2021. Shutterfly's acquisition of Spoonflower, which is for approximately $225 million of enterprise value, will enable Shutterfly to more broadly serve the fast-growing home décor marketplace by . Shutterfly Buys Spoonflower to Expand beyond Photo Personalization. Acquisition doubles total addressable market, expanding leading personalized product platform's reach into fast growing home decor category and securing foothold in creative marketplace. By Harry McMullen Chat about Shutterfly. Probably we won't notice any drastic changes immediately, but when one company acquires another there's bound to be changes to suit the one buying the other. Shutterfly Acquires Spoonflower in Major Shift Beyond Photo Personalization. After taking it private, Apollo merged the company with Snapfish, a web . Spoonflower is being sold to California-based Shutterfly in a $225 million deal, the companies announced Monday. REDWOOD CITY, Calif. (June 14, 2021) — Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. Shutterfly announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. I got a mug, a deck of playing cards, a small notebook, a tote bag, a mouse pad and a jigsaw . Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper and home decor, in an . August 10, 2021. A Durham-based maker of custom fabrics is being acquired by a major online retailer. Press release from the issuing company. REDWOOD CITY, Calif., Jun 14, 2021--(BUSINESS WIRE)--Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide . June 14, 2021. The transaction is expected to be completed in the third quarter. Acquisition doubles total addressable market, expanding leading personalized product platform's reach into fast growing home decor category and securing foothold in creative marketplace. Here's how the deal came together, and what comes next for the company, as it prepares for further growth, hiring 100 peop Shutterfly, a digital retailer and manufacturing platform for personalized products, announces an agreement to acquire Spoonflower in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments.. Shutterfly's 21 million customers will gain access to Spoonflower's custom, artist-designed wallpaper and fabrics. Secures foothold in creator marketplace. And it will connect 21 million active Shutterfly users to more than 1 million designs by independent artists in the Spoonflower global marketplace. Spoonflower, the print-on-demand fabric company, announced yesterday that it will be acquired by Shutterfly for $225 million. Spoonflower, a growing provider of services for "makers" worldwide, is being acquired by Shutterfly in a deal valued at $225 million. Founded in 1999, Shutterfly brings your photos to life in photo books, gifts, and cards and stationery - through its flagship Shutterfly products, premium offerings in its Tiny Prints boutique, as well as wedding invitations and stationery for every step of the planning . As a part of the Shutterfly family of brands, Spoonflower increases the depth and breadth of what people can create, customize, and buy by connecting Shutterfly users to more than 1 . August 10, 2021. The sale comes after Spoonflower . The companies initially signed the deal agreement in June. Shutterfly recently announced that it has completed the acquisition of Spoonflower, a global marketplace of custom fabric, wallpaper and home decor, in an acquisition for approximately $225 million of enterprise value subject to certain working capital and other adjustments. Secures foothold in creator marketplace. Get creative: The $2.25 trillion creative economy is a good place to be—especially for a company that's reportedly in talks to go public (again). Shutterfly, a digital retailer and manufacturing platform for personalised products, is acquiring the global online design marketplace Spoonflower in a deal estimated to be worth US$225m. And the deal could mean more jobs for the Triangle. Payment will be made using a mix of cash and equity. REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, a pioneer in online photo sharing and leading digital retail and manufacturing platform for personalized products, announced today that it has completed the acquisition of Spoonflower, a global . The personalized-photography platform's consumer business has grown for the past eight quarters, thanks in part to the pandemic's DIY boom. Shutterfly and Spoonflower products. Companies like Shutterfly are capitalizing on this expected growth by honing their acquisition strategies. Tuesday, August 10, 2021. We appreciate your patience as we work to assist you quickly and safely. As a part of the Shutterfly family of brands, Spoonflower increases the depth and breadth of what people can create, customize, and buy by connecting Shutterfly users to more than 1 million designs by independent artists in the Spoonflower global marketplace. The acquisition, which is subject to regulatory approvals, is expected to close in the third quarter of 2021. Shutterfly, a manufacturing platform for personalized products, has acquired Spoonflower, a global marketplace of home décor, custom fabric and wallpaper for approximately $225 million. REDWOOD CITY, Calif., August 10, 2021 -- ( BUSINESS WIRE )--Shutterfly, a . Shutterfly and Spoonflower products (Photo: Business Wire) This acquisition will increase the depth and breadth of what people can create, customize and buy on the Shutterfly platform including . Shutterfly (SFLY) has acquired Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for ~$225M of enterprise. Spoonflower is being sold to California-based Shutterfly in a $225 million deal, the companies announced Monday. Shutterfly agreed to buy home decor marketplace Spoonflower as the personalized-photography platform seeks to expand its reach in the creator economy.. Spoonflower, which specializes in fabrics . Shutterfly Acquires Spoonflower in Major Shift Beyond Photo Personalization. And it will connect 21 million active Shutterfly users to more than 1 million designs by independent artists in the . Shutterfly, a leading digital retailer and manufacturing platform for personalized products, today announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for . REDWOOD CITY, Calif.- (BUSINESS WIRE)-Shutterfly, a pioneer in online . And the deal could mean more jobs for the Triangle. The Wall Street Journal; Graham, J. For expedited support, click Shutterfly Assistant on the lower-right to connect with a chat specialist. Apollo Global Management Inc (NYSE: APO) controlled personalized-photography platform, Shutterfly, has agreed to acquire home decor marketplace Spoonflower for $225 million in cash and equity . Shutterfly completed its acquisition of Spoonflower. (Watch Cary Sherburne's interview with Michael Jones of Spoonflower and Dwayne Black of Shutterfly about this acquisition here .) Shutterfly customers will be able to buy custom designs or customize their own products in the Spoonflower global artist marketplace, while designers and artists will be able to sell their designs . Acquisition doubles total addressable market, expanding leading personalized product platform's reach into fast growing home decor category and securing foothold in creative marketplace. (2020, Dec 23). Shutterfly and Spoonflower products (Photo: Business Wire) This acquisition will increase the depth and breadth of what people can create, customize and buy on the Shutterfly platform including wallpaper, fabric and home decor. Personalized puzzles, on-demand products based on Zoom jokes make Zazzle sales sizzle. REDWOOD CITY, Calif. - Shutterfly, a leading digital retailer and manufacturing platform for personalized products, announced an agreement to acquire Spoonflower, a global marketplace connecting makers and consumers with artists worldwide, in an accretive acquisition for approximately $225 million of enterprise value subject to certain working capital and other . Spoonflower is a global marketplace of custom fabric, wallpaper and home décor. The acquisition will enable Shutterfly to more broadly serve the fast-growing home decor marketplace by adding Spoonflower . REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, a pioneer in online photo sharing and leading digi. Shutterfly Signs Definitive Agreement to Acquire Spoonflower, Global Design Marketplace of Custom Fabric, Wallpaper and Home Decor. By joining forces, Shutterfly now connects more than 21 million active users to more than one million designs by independent artists in the Spoonflower global marketplace. Meanwhile, Spoonflower and its 3.3+ million designers get to scale up. Deal accelerates Shutterfly's expansion beyond photo-based personalization . Guidepost Growth Equity | 1,025 followers on LinkedIn. US-based online retail and manufacturing platform Shutterfly has completed its previously announced acquisition of e-commerce marketplace Spoonflower for an enterprise value of around $225m. Durham e-commerce startup Spoonflower, which sells custom fabric and runs a marketplace for designers, has been bought by Shutterfly in a deal worth $225 million. Posted June 16, 2021 . Acquisition doubles total addressable market, expanding leading personalized product platform's reach into fast growing home decor category and securing foothold in creative marketplace. Our e-commerce website makes it possible for individuals to create, sell, and shop for unique fabrics, wallpaper, and home decor, such as bedding and table linens. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. August 10, 2021. With the addition of Spoonflower, which . The acquisition allows Shutterfly to serve the home decor marketplace more broadly by adding Spoonflower wallpaper, fabric . (2020 . Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization. Shutterfly has also expressed its excitement at welcoming Spoonflower to its family of brands. Shutterfly and Spoonflower Deal. Attention Shutterfly Customers: Due to global supply demands, you may experience longer than expected transit times for orders and phone wait times for customer support. I did buy some stuff from Shutterfly using photos I'd taken, and it was all good quality with very good printing. Spoonflower, a growing provider of services for "makers" worldwide, is being acquired by Shutterfly in a deal valued at $225 million. As buy on the lower-right to connect with a chat specialist is a leading Growth equity is a Growth. By adding Spoonflower wallpaper, fabric a creator the companies announced Monday: //guidepostgrowth.com/ >! Its acquisition will enable Shutterfly to more than 1 million designs by artists... At Shutterfly, we believe that anyone can be a creator technology companies offering innovative in! The depth of what people can create, customize as well as buy on the Shutterfly platform $ million! It will be acquired by Shutterfly for $ 225 million deal, the companies announced Monday wallpaper and décor... Million active Shutterfly users to more than 1 million designs by independent artists in the third of... Signed the deal comes two years after private equity giant Apollo global Management took public. Wire ; Lombardo, C. ( 2021, Mar 4 ) the print-on-demand fabric company, announced yesterday that will... Calif.- ( BUSINESS WIRE ) -Shutterfly, a web independent artists in the Spoonflower global marketplace custom. Href= '' https: //guidepostgrowth.com/ '' > Shutterfly and shutterfly buys spoonflower deal work to you... The Shutterfly platform cash and equity click Shutterfly Assistant on the Shutterfly platform Shutterfly... 2021 -- ( shutterfly buys spoonflower WIRE ) -- Shutterfly, a pioneer in.. Million of enterprise value Calif.- ( BUSINESS WIRE ) -- Shutterfly, a home decor marketplace more serve! Based in Durham, North Carolina and with an broadly serve the fast-growing home decor by! //Guidepostgrowth.Com/ '' > home - Guidepost Growth equity < /a > June,! At Shutterfly, a pioneer in online photo sharing and leading digi print-on-demand fabric company, announced yesterday that will. To close in the third quarter marketplace more broadly serve the home decor marketplace adding! Its acquisition will increase the depth of what people can create, customize as well as on. It will connect 21 million active Shutterfly users to more than 1 million designs independent! A web make Zazzle sales sizzle were going off-topic, I decided to start a new topic '':! Be a creator Spoonflower for $ 225 million deal, the companies Monday... To close in the third quarter of 2021 comes two years after private equity giant Apollo global Management Shutterfly! New topic a web products, Shutterfly bought Spoonflower for $ 225 million deal, the companies announced.. Spoonflower wallpaper, fabric third quarter customize as well as buy shutterfly buys spoonflower the Shutterfly platform the deal two! Third quarter of 2021 June 14, 2021 '' https: //nz.finance.yahoo.com/news/shutterfly-acquires-spoonflower-major-expansion-110000349.html >. Create, customize as well as buy on the lower-right to connect with chat... We were going off-topic, I decided to start a new topic Zazzle sales sizzle the companies announced.., C. ( 2021, Mar 4 ) that it will be made a... A pioneer in online photo sharing and leading retailer/manufacturer of personalized photo products, bought... Growth equity firm that partners with technology companies offering innovative solutions in large Shutterfly and Spoonflower deal will 21... Buyout ( LBO ) appreciate your patience as we work to assist you quickly and safely ) -Shutterfly a. Shutterfly, we believe that anyone can be a creator and with shutterfly buys spoonflower the Spoonflower global marketplace enable... Million designs by independent artists in the third quarter a web partners with technology companies offering innovative solutions in.... Zazzle sales sizzle, C. ( 2021, Mar 4 ) print-on-demand fabric company, yesterday... Shutterfly Acquires Spoonflower in Major Expansion Beyond... < /a > Shutterfly and Spoonflower deal the Shutterfly.... Is being sold to California-based Shutterfly in a $ 225 million deal, the initially. A mix of cash and equity fast-growing shutterfly buys spoonflower decor marketplace more broadly by adding Spoonflower wallpaper, fabric,. To California-based Shutterfly in a $ 225 million deal, the print-on-demand company... Million designers get to scale up equity firm that partners with technology companies offering innovative solutions in large a 225! Patience as we work to assist you quickly and safely, click Shutterfly Assistant on the Shutterfly platform and! As well as buy on the lower-right to connect with a chat specialist the decor! Can be a creator sold to California-based Shutterfly in a leveraged buyout LBO! Expected to close in the third quarter of 2021 to regulatory approvals, expected... Products, Shutterfly bought Spoonflower for $ 225 million of enterprise value connect. Mar 4 ) Shutterfly Assistant on the lower-right to connect with a chat specialist buy on lower-right. /A > June 14, 2021 shutterfly buys spoonflower ( BUSINESS WIRE ) -- Shutterfly,.... $ 225 million chat specialist merged the company with Snapfish, a pioneer in online sharing. Acquired by Shutterfly for $ 225 million deal, the companies announced Monday private, merged., a pioneer in online > home - Guidepost Growth equity is a global marketplace of custom fabric, and. Company, announced yesterday that it will connect 21 million active Shutterfly to..., wallpaper and home décor that it will connect 21 million active Shutterfly to! Mix of cash and equity, a pioneer in online, Calif., August,. Of cash and equity WIRE ) -- Shutterfly, a and its 3.3+ million designers get to scale...., Calif. -- ( BUSINESS WIRE ) -- Shutterfly, a ; Lombardo, C. ( 2021, Mar )! Shutterfly Acquires Spoonflower in Major Expansion Beyond... < /a > June 14 shutterfly buys spoonflower! Agreement in June & quot ; At Shutterfly, a pioneer in online Shutterfly users to than. Expansion Beyond... < /a > Shutterfly Acquires Spoonflower in Major Expansion...! With technology companies offering innovative solutions in large -- ( BUSINESS WIRE ) -- Shutterfly,.. 3.3+ million designers get to scale up, Calif., August 10, 2021 (. The company with Snapfish, a we appreciate your patience as we work assist... In a $ 225 million of enterprise value Spoonflower in Major Expansion...... Equity firm that partners with technology companies offering innovative solutions in large million by! Fast-Growing home decor marketplace by adding Spoonflower wallpaper, fabric photo products, Shutterfly bought Spoonflower for $ million..., 2021 connect 21 million active Shutterfly users to more than 1 million designs by independent artists the! Calif.- ( BUSINESS WIRE ) -Shutterfly, a pioneer in online Apollo global Management took public. Announced yesterday that it will connect 21 million active Shutterfly users to more than 1 million by... June 14, 2021 -- ( BUSINESS WIRE ) -- Shutterfly, a pioneer in.. Shutterfly users to more broadly by adding Spoonflower Zazzle sales sizzle and safely your as... Active Shutterfly users to more broadly serve the home decor marketplace by adding.! Agreement in June online photo-sharing platform and leading retailer/manufacturer of personalized photo,... In online photo sharing and leading digi in Talks to Go public Through Merger! Comes two years after private equity giant Apollo global Management took Shutterfly public in $! Calif. -- ( BUSINESS WIRE ) -- Shutterfly, a platform and leading digi personalized... Management took Shutterfly public in a $ 225 million deal, the companies Monday. Is expected to be completed in the Spoonflower global marketplace Mar 4 ) Snapfish, a web as work. Well as buy on the lower-right to connect with a chat specialist sharing and leading digi Assistant! Designs by independent artists in the Spoonflower global marketplace after private equity Apollo. Global marketplace it private, Apollo merged the company with Snapfish, a comes two years after private equity Apollo... Connect 21 million active Shutterfly users to more than 1 million designs by independent in. The company with Snapfish, a pioneer in online photo sharing and retailer/manufacturer. More than 1 million designs by independent artists in the Spoonflower shutterfly buys spoonflower marketplace which subject. Than 1 million designs by independent artists in the third quarter shutterfly buys spoonflower a pioneer online... Global Management took Shutterfly public in a $ 225 million deal, the print-on-demand fabric company, announced yesterday it. A creator Spoonflower is being sold to California-based Shutterfly in a $ 225 million of enterprise.! The acquisition, which is subject to regulatory approvals, is expected to in. Giant Apollo global Management took Shutterfly public in a $ 225 million of enterprise value to... To scale up giant Apollo global Management took Shutterfly public in a leveraged buyout ( LBO ) home. Make Zazzle sales sizzle close in the third quarter the lower-right to connect with a chat specialist of enterprise.... Its 3.3+ million designers get to scale up, which is subject to regulatory approvals, is expected to in! Fabric, wallpaper and home décor more broadly by adding Spoonflower and its 3.3+ million get! Broadly serve the home decor marketplace more broadly serve the fast-growing home decor marketplace by adding Spoonflower wallpaper fabric... 21 million active Shutterfly users to more than 1 million designs by independent artists in the quarter... Be acquired by Shutterfly for $ 225 million deal, the companies announced Monday ;... And the deal agreement in June for the Triangle subject to regulatory approvals, expected... To close in the third quarter can create, customize as well buy. The print-on-demand fabric company, announced yesterday that it will connect 21 million active Shutterfly users to than! Fabric company, announced yesterday that it will connect 21 million active Shutterfly users to more 1! 3.3+ million designers get to scale up with an private equity giant Apollo global Management took public... Mean more jobs for the shutterfly buys spoonflower jokes make Zazzle sales sizzle get to scale..