Barnebys acquires Collectors Weekly

Auction aggregate Barnebys wrapped 2017 with not one, but two acquisitions. After acquiring Simple Auction Site in early December, Barnebys announces acquisition of CollectorsWeekly.com.

Barnebys, a search engine serving the design, antiques and art community, has acquired the U.S, company CollectorsWeekly.com. It is Barnebys' second U.S. acquisition during the last month of 2017. Previously, the company bought Simple Auction Site.

Adding to Recent Acquisitions

Based in San Francisco, Collectors Weekly is one of the largest sites in the world focusing on antiques and collectibles. Listing hundreds of thousands objects in almost 2,000 collecting categories, the site attracts roughly one-million visitors monthly. In addition to auction listings and vibrant community of collectors, Collectors Weekly specializes in original editorial content.This appears in essays, interviews, and long-form articles.

“We are thrilled to be a part of Barnebys,” says Ben Marks, who has been with Collectors Weekly since 2009. “Barnebys really understands that original content is an important complement to any online-auction environment.”

Eyeing Greater Footprint

Pontus Silfverstoolpe, sitting, and Christopher Barnekow, two of the founders of Barnebys. (Submitted photo)

The recent acquisitions gives Barnebys an increased footprint in the U.S. The U.S. is Barnebys’ largest market. The acquisitions create a unique set of synergies that promise to accelerate the company’s already aggressive expansion.

"Both these recent acquisitions, Simple Auction Site as well as Collectors Weekly strengthens our client base enormously and beefs up our opportunities for 2018”, says Christopher Barnekow, Founder and CTO of Barnebys.

This latest acquisition is possible through investments from two new shareholders, They are Jens von Bahr, founder of Evolution Gaming, and Jonas Engwall, a private investor.

Background

Company founders include Barnekow, Pontus Silfverstolpe, Gustaf Grapengiesser, and Christofer Ferreira Gomes. Today, seven years after forming, the firm attracts approximately two-million visitors a month on websites in eight markets. In addition, an Italian version of the site went live in October of 2017.

Evident in its acquisitions, the company’s business model is about attracting a range of consumers. This includes seasoned auction-goers to new generation buyers and sellers. Furthermore, the goal of all is to connect with affiliate auction houses and dealers. Indeed, that’s why Barnebys is the main source of traffic for a majority of affiliate auction houses and dealers. In total, approximately 800,000 unique items appear on Barnebys from 3,000 auction houses, as well as from art, design, and antiques dealers.

For more information, visit www.barnebys.com.