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Transaction

Deal Type

M&A

Deal Status

Closed

GCA Advises DeviantArt on Its Sale to Wix.com

We are pleased to announce that our client, DeviantArt, one of the world's largest online communities dedicated to artists, art enthusiasts and designers, has been acquired by Wix.com ("Wix"), a leading cloud-based web development platform.

DeviantArt offers its community of over 40 million registered members a platform to communicate through art, engage with each other as part of a global collective, and market themselves online.

The acquisition will provide DeviantArt users easy access to Wix's powerful tools specifically designed to help emerging artists create and showcase their creativity. In turn, Wix will provide its users a platform to engage with creative designers and artists across multiple mediums.

GCA acted as exclusive financial advisor to DeviantArt in connection with this transaction.

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