YourArt acquires Artmajeur, creating a new global player in the online art marketplace: ArtMajeur by YourArt
Dec 18, 2024•7 months ago
Acquiring Company
YourArt
Acquired Company
Artmajeur
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.
DealWatch™ Score
63
High M&A Activity
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Based on deal dataIntegration timeline
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Tech stack consolidation
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