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Yompl, A Us-Based Saas Platform, To Acquire Masterstyle, A 1M+ Clients Europe Based Online Marketplace

PRIVATEApr 02, 2023

Acquiring Company

Yompl

Acquired Company

MasterStyle

AdvertisingE CommerceMarketplaceE CommerceMarketplaceFashion

Description

MasterStyle, a European beauty industry online marketplace with over a million clients has agreed to be acquired by Yompl a SaaS and marketplace company based in the US.

Quick answer

Yompl is acquiring MasterStyle, announced April 2, 2023.

How much did Yompl pay for MasterStyle?
The deal value was not disclosed.
What does Yompl do?
Yompl is a software as a service marketing platform and online marketplace for local businesses.

Source: Fundz verified event record.

Other recent acquisitions in Advertising and E Commerce

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Yompl

About

Yompl is a software as a service marketing platform and online marketplace for local businesses. The company provides automated tools that power an innovative approach to referral incentives structures offered by businesses to clients and the public. In this approach, businesses can reward their customers for their proven referral efforts, rather than for the results of the referral. For people who refer businesses to someone they know or to their followers on social media, this solution eliminates the negative public perception of the typical "Get $X Give $X" incentive structure, where referrers are often seen as trying to benefit from their friends or followers. In addition, it removes friction between a referrer and her reward, as the reward is given on the basis of proven effort rather than the results of the referral.

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Frequently asked

Who acquired MasterStyle?

MasterStyle was acquired by Yompl. The deal was reported on April 2, 2023. Yompl is a software as a service marketing platform and online marketplace for local businesses. Yompl is privately held and operates in Advertising.

When did Yompl acquire MasterStyle?

Yompl's acquisition of MasterStyle was reported on April 2, 2023. MasterStyle, a European beauty industry online marketplace with over a million clients has agreed to be acquired by Yompl a SaaS and marketplace company based in the US. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MasterStyle do?

The MasterStyle online marketplace is well known for being one of the largest online markets in the beauty and wellness industry in Europe. It is privately held, operating in E Commerce.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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