BuyWithMe Acquires Chicago CompetitorMay 03, 2011
Boston Business Journal
by Galen Moore
Boston group-buying contender BuyWithMe announced its second regional grab in as many months today, a company on category leader Groupon’s home turf in Chicago. BuyWithMe acquired DealADayOnline for undisclosed terms, it reported in a press release this morning.
In March, BuyWithMe announced its acquisition of LocalTwist, a San Carlos, Calif. competitor, extending its San Francisco Bay Area footprint.
The two-year-old company, backed by $21.5 million from Bain Capital Ventures of Boston and Matrix Partners of Waltham, is in contention with Groupon and Washington, DC-based LivingSocial for the biggest slices of a newly emerged and fast-growing appetite for social media-fueled coupons and daily deals.
BuyWithMe has dual headquarters in Boston and New York City.
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