BuyWithMe, the Boston-based daily deals site, acquired ScoopSt, the New York-based daily deals site. Specifics of the transaction were not publicized. Lately, BuyWithMe has grown via M&A, including deals to acquire Groop Swoop, DealADayOnline and LocalTwist. BuyWithMe is backed by VCs Bain Capital Ventures and Matrix Partners.
During the Fall of 2008, our founders set out to change the way shopping happened on the web – that is, they wanted it to be more social, collaborative and fun. From their backgrounds, they wanted to take the power of group buying commerce from tuangou within online communities in China and niche automobile forums to that of a bigger audience in their hometown of New York. From just an idea, shared passion and incredible learnings, Scoop St. opened in Manhattan a year later in 2009 with our inaugural scoop 52% off tickets to the Knicks.
Nearly three years and many scoops later, and together with an amazing team of New Yorkers who shared our vision, we’re excited to continue offering the best scoops and Experiences in New York City with BuyWithMe – one of the original and largest local commerce companies in the United States. Scoop St. members will begin receiving BuyWithMe offers for New York City and can also choose more local deals in 13 other US markets.
What You Need to Know
In the coming days, you’ll receive your first BuyWithMe offer under your Scoop St. registered email. For members who have never purchased a scoop prior, you can simply browse available deals on BuyWithMe’s New York website and purchase offers that are of interest to you. However, for Scoop St. members who have purchased scoops, you’ll be able to download and access your vouchers at anytime from BuyWithMe by following this link. Scoop St. members who have purchased prior vouchers will also receive an email later today that will contain vouchers yet to expire, in order for you to download and redeem your scoops.
As Scoop St. transitions over to BuyWithMe, we will extend customer support to Scoop St. members up until Monday, September 12, 2011. If you have any questions about previously purchased vouchers, please get in touch with our member support team (email@example.com) as they will be on stand-by during the transition. After September 12, 2011, Scoop St. will not provide future member support at which point members can get in touch with BuyWithMe’s customer service. For more information, we’ve compiled a short list of FAQs on this blog post detailing the acquisition and what it means for you.
Both BuyWithMe and Scoop St. share a passion for discovering the best of New York City at unbelievable prices while helping local merchants welcome the best customers throughout the city. We couldn’t be more excited about what the future holds, together.
It’s been one incredible journey. Thank you for all the support along the way.