DC-Based Recoup Acquires Fellow Cause Promotion Site Deals for Deeds
Washington, D.C. – Recoup, the first cause shopping channel where millions of people support causes they care about by connecting with merchants to buy brands that want to do good has acquired another “charity” aimed daily deals site and also based on D.C.-based Deals for Deeds. The financial documents for the acquisition was not released but both Recoup and Deals for Deeds expects that the merger will provide a cause-shopping destination for consumers who likes to supports charitable institutions and also experience great shopping experience.
According to Harrison Miller Co-Founder of Deals For Deeds they are excited to join Recoup and support their strategic vision while firmly establishing the company as the leading brand in the online cause promotions space. Miller also expressed that after two amazing years, they are very proud to see what started as a simple idea among two friends has grown into a powerful business model that has accomplished effective and long-lasting change.
According to Luca Pivato, CEO of Recoup. The company is evaluating other partnerships and investment options and is poised to expand to other markets across the U.S. and in Europe. “This acquisition is the first step in our plan to consolidate the online cause promotions space and create the premier shopping channel designed to build brand value through a vast community of thoughtful consumers.”
Recoup which is just a month old is aggressive with its marketing and its merger with Deals for Deeds will bring them over 400 businesses and 200 nonprofits giving merchants and consumer a more diverse way of engaging supporters to support cause promotion site. Recoup has already 70+ local and national non-profit organizations and schools with a combined reach of 5 million supporters, including: American Forests, Doctors Without Borders/MSF, Kids in Distressed Situations (K.I.D.S.), Ovarian Cancer National Alliance, Rock The Vote, Special Olympics VA, Girls on the Run DC, Arlington Arts Center, DC Central Kitchen, and Bread for the City.
Visit Recoup’s Official Website.
