BOSTON, Sept. 6, 2018 /PRNewswire/ -- FE International, Inc., the global market leader in SaaS, e-commerce and content mergers and acquisitions (M&A) advisory, announces the acquisition of Juicer.io, a market-leading B2B SaaS social media aggregation software, by SaaS.group, a portfolio company founded by two industry veterans.
Arising from a simple functionality request from one client, Juicer rapidly scaled into a successful SaaS enterprise that achieved continuous year-over-year organic revenue growth, under the direction of two insightful co-founders who realized many companies needed an efficient and scalable solution for social media aggregation. Since its launch in 2015, Juicer has grown quickly and now hosts over 60,000 customers across the 6 plan options and has accumulated over 1 billion page-views of live Juicer feeds. The business has now transitioned to a seasoned buyer with proven operational expertise and exemplary track record of scaling businesses to their full potential.
Of their recent acquisition, Tim Schumacher and Ulrich Essmann, partners at SaaS.group, noted, "We aim to continue to update and expand Juicer's services. New integrations to increase control of social profiles from the Juicer dashboard, and updates making Juicer more accessible to web developers and on additional site building platforms are expected to roll out in the near future. The customer service department, another of the brand's strengths, has plans for language localization and increased support."
Juicer's founders, Ryan MacInnes and Amit Patel, are similarly optimistic for the SaaS business' outlook, stating, "We couldn't imagine a better team to take Juicer to the next level of success and beyond."
Ismael Wrixen, CEO of FE International, Inc., commented, "Juicer's standing as a market leader in social media aggregation is unsurprising given their innovative software, but exceptional when considering the current competition in the space."
FE International served as sole advisor on the acquisition of Juicer.io.
Juicer.io is a simple way to aggregate all of your brand's hashtags and social media posts into a single beautiful social media feed on your website.
SaaS.group is a portfolio company for software-as-a-service (SaaS) companies. We are acquiring small- to mid-sized SaaS companies to help take them to the next level.
About FE International, Inc.
FE International has become the pre-eminent advisor and valuation thought-leader for digital business M&A. FE offers comprehensive exit planning services, as well as direct access to an established network of pre-qualified international investors.
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