HomeSav, the popular home furnishings private sale site has been acquired by Rebellion Media. For those not familiar with HomeSav, they operate similar to Beyond the Rack but for Home Furnishings (like One Kings Lane in the US)
HomeSav has 280,000 members in its private home furnishings shopping club. Being acquired by Rebellion Media enables HomeSav to expand their footprint to Rebellion’s 25 million unique visitors .
It is unknown if Co-founders Allan Fisch, Alex Norman, and Aliza Pulver will all be staying on under Rebellion.
So who is Rebellion Media anyway? They are a rapidly growing digital company that owns and operates several online properties. They have acquired about Thirteen companies over the past year or so continue to grow. Given the acquisition of Homesav, Rebellion Media is now part of the Deals Ecosystem.
The full press release is below.
Rebellion Media Expands E-commerce Reach with HomeSav Acquisition
July 25, 2013
With 280,000 members in its private home furnishings shopping club, HomeSav adds an important new dimension to Rebellion’s lifestyle portfolio.
Waterloo, ON (PRWEB) July 25, 2013 Rebellion Media has expanded its e-commerce offerings to home furnishings with the recent acquisition of HomeSav.com.
HomeSav is changing the $136-billion North American home furnishings market by curating discounted products for subscribed members. The merchandising team at HomeSav selects products perfectly suited to HomeSav members, and creates exciting opportunities for first-come, first-served purchases at steep discounts.
HomeSav adds an important new dimension to Rebellion Media’s lifestyle portfolio catering primarily to women. Properties already in the portfolio include beauty and craft e-stores, the Mobile Mom family of apps, and popular lifestyle blog sites.”
“Rebellion is a digital media company aimed at better connecting people to the products, services and information they want,” said Rebellion Media CEO Ted Hastings. “HomeSav fits well into the Rebellion network, expanding our e-commerce and lifestyle-oriented offerings while providing HomeSav with digital tools and expertise to continue its growth.”
Since launching in 2011, HomeSav has experienced monthly revenue growth of 15 percent. With an established member base of 280,000 savvy shoppers, the company has signed up 800-plus manufacturers, artisans and brand partners. HomeSav has also forged distribution partnerships with media companies including Style at Home and Post Media.
“Partnering with Rebellion allows us to layer our home furnishings marketplace on the Rebellion network, which gives us access to more customers and more data,” said Allan Fisch, co-founder of HomeSav.com. “As a result, our merchandisers can be more precise with their product offerings while we can expand the number of partnering manufacturers to meet the ever-growing demand from our members”.
About Rebellion Media:
Rebellion connects millions of users every day to personalized content and communities through its large and growing family of websites, mobile apps and digital tools. In categories spanning sports, technology, lifestyle and entertainment, Rebellion delivers a rich and tailored digital experience. The company is headquartered in the thriving tech community of Waterloo, Ontario.