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YourArt acquires Artmajeur, creating a new global player in the online art marketplace: ArtMajeur by YourArt

Dec 18, 20247 months ago

Acquiring Company

YourArt

Acquired Company

Artmajeur

Levallois PerretMontpellierArtMarketplaceE CommerceArt

Description

Maurice Lévy, founder of YourArt, has acquired a majority holding in Artmajeur, creating a new platform named ArtMajeur by YourArt. With over 3.6 million artworks, 13,000 artists, and almost 700 galleries, the new platform will hold a key position in the global online art market. The combined entity will benefit from complementary assets and aims to become the number one platform for collectors, artists, galleries, and art lovers worldwide. Over the next few months, the two platforms will gradually merge their operations to leverage the expertise and knowledge acquired by both entities.

Company Information

Company

YourArt

Location

Levallois Perret, Ile De France, France

About

YourArt, founded by Maurice Lévy in 2023, is a global player in the online art marketplace. With a focus on artificial intelligence and editorial know-how, YourArt is committed to providing art lovers with the widest choice of art, while assisting artists in the creation and promotion of their artworks.

DealWatch™ Score

66
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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