B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$1,370,000,000
$1,370,000,000 -- acquisition value for Harry's (acquired by Edgewell) (2019-05)
Edgewell announced an agreement to acquire direct-to-consumer brand Harry's for $1.37 billion in May 2019.
- The acquisition was blocked by the US Federal Trade Commission in early 2020
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
$1,370,000,000
Unit
Currency Usd
Data Vintage
2019-05
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
The New Consumer
Primary
Tier B
https://newconsumer.com/2019/04/billion-dollar-direct-consumer-deals-warby-parker-harrys-glossier-do… ↗
Source Article
Why there haven’t been more billion-dollar acquisitions for direct-to-consumer commerce startups
Follow the Money
Why there haven’t been more billion-dollar acquisitions for direct-to-consumer commerce startups
Three years after Dollar Shave Club’s big deal, it’s been an anomaly so far.
The boom in consumer startups over the past decade has created a new generation of household-name brands: War…
Original Research
The New Consumer
· Original study ↗
Methodology
Announced May 9, 2019: consumer-goods company Edgewell (owner of Schick) agreed to pay $1.37 billion for DTC shaving brand Harry's, with Harry's founders taking over Edgewell's US business. Article update notes the FTC blocked the deal in early 2020.
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Harry's (acquired by Edgewell): $1,370,000,000 acquisition value. Source: The New Consumer (2019-05). Via Lighthouse Intelligence -- https://lighthousedata.io/data/harrys-edgewell-acquisition-1-37b
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<blockquote cite="https://lighthousedata.io/data/harrys-edgewell-acquisition-1-37b" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$1,370,000,000</strong> -- acquisition value for Harry's (acquired by Edgewell)<br><small>Source: The New Consumer (2019-05) · <a href="https://lighthousedata.io/data/harrys-edgewell-acquisition-1-37b" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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