Blackpearl Group acquired Ukrainian company NewOldStamp for $3.1 million. It is a SaaS platform that creates designer email signatures for professionals and organizations to help them promote their services and brand.
NewOldStamp is based in Lviv and currently has 27 employees. The service has already created 5 million professional email signatures for 3,600 clients around the world.
The startup joined the Lviv IT Cluster in June 2022. Also, previously the company participated in the Startup Competition at IT Arena.
According to Volodymyr Zastavny, founder of NewsOldStamp, there were offers to buy the platform from other companies.
“The main change is the transition of the company from the bootstrap stage, which is developed solely on our own, to the level of a public company, with greater opportunities and challenges for each specialist in our team. This will allow us to realize our most ambitious plans in the global market.
We are also joining the initiatives of the Lviv IT Cluster, which brings our victory closer on a higher level. With the help of the Cluster, we managed to hold the necessary negotiations to make the sale happen.
From the first day of the war, we have been supporting volunteers, organizations, and our employees who are now serving in the Armed Forces. 95% of the team is based in Ukraine, and we plan to further develop our office and additional products here,” commented Volodymyr Zastavny.
Blackpearl Group is a technology company that develops, buys, and sells cloud services to increase productivity and generate demand for small and medium-sized businesses.
Blackpearl Group’s products focus on email as a business tool to help small and medium-sized businesses increase their revenue.
For Blackpearl Group, the acquisition of NewOldStamp is an effective opportunity to expand work with clients by gaining technological strengthening.
“Our strategy is much more than just acquiring technology companies for profit. It’s about gaining access to new talent and markets, and, most importantly, accelerating organic growth. Our private platform enables us to help the companies we acquire accelerate their growth and development,” commented Nick Lisset, founder and CEO of Blackpearl Group.
NewOldStamp will continue to work with its management and staff but as a subsidiary company of Blackpearl Group.
Blackpearl Group acquired Ukrainian company NewOldStamp for $3.1 million. It is a SaaS platform that creates designer email signatures for professionals and organizations to help them promote their services and brand. NewOldStamp is based in Lviv and currently has 27 employees. The service has already created 5 million professional email signatures for 3,600 clients around […]https://itcluster.lviv.ua/wp-content/uploads/2023/02/nos3.jpg