The Knot Worldwide to acquire Zola in wedding platform union, sources say

NEW YORK, Oct 14 : The Knot Worldwide has agreed to buy its smaller peer Zola, adding to its portfolio of leading wedding-planning brands, according to two people familiar with the deal. The Knot, which is owned by investment firm Permira, helps couples find local wedding vendors and create personalized wedd


Business

The Knot Worldwide to acquire Zola in wedding platform union, sources say

The Knot Worldwide to acquire Zola in wedding platform union, sources say

FILE PHOTO: A wedding ceremony is seen in Times Square in Manhattan, New York City, U.S., February 14, 2026. REUTERS/Eduardo Munoz/File Photo

Read a summary of this article on FAST.

Get bite-sized news via a new
cards interface. Give it a try.

Click here to return to FAST
Tap here to return to FAST

FAST

NEW YORK, Oct 14 : The Knot Worldwide has agreed to buy its smaller peer Zola, adding to its portfolio of leading wedding-planning brands, according to two people familiar with the deal. 

The Knot, which is owned by investment firm Permira, helps couples find local wedding vendors and create personalized wedding websites. 

Zola offers similar services such as wedding and registry sites, invitation design and guest-list management. Zola will continue to operate as a standalone brand within The Knot’s portfolio of global brands, the people said. 

The companies and Permira declined to comment. Financial terms of the deal were not immediately available.

Guess Word

Guess Word
Crack the word, one row at a time


Buzzword

Buzzword
Create words using the given letters


Mini Sudoku

Mini Sudoku
Tiny puzzle, mighty brain teaser


Mini Crossword

Mini Crossword
Small grid, big challenge


Word Search

Word Search
Spot as many words as you can


Show More


Show Less

The Knot launched in the 1990s and Permira has been invested in it since 2018.

Last year, the company appointed outsider and former Etsy executive Raina Moskowitz as its CEO to help reorganize the business and launch new AI tools in the face of rapid technological transformation. This year, for example, it launched an app within ChatGPT, which it called the first of its kind within the wedding industry. 

Zola launched in 2013 and raised $100 million in a Series D financing round in 2018 at a reported valuation of around $600 million. That round was led by existing investor Comcast Ventures, with new investors NBCUniversal and Goldman Sachs Investment Partners also participating. Zola’s co-founders Shan-Lyn Ma and Nobu Nakaguchi remained significant owners. 

Zola will become the 14th brand in The Knot’s portfolio. The deal is subject to customary closing conditions, including any required regulatory clearances, the people said.

Source: Reuters

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Inbox

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Whatsapp

Get bite-sized news via a new
cards interface. Give it a try.

Click here to return to FAST
Tap here to return to FAST

FAST

Leave a Reply

Your email address will not be published. Required fields are marked *

About the Author

Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.

BlockSpare — News, Magazine and Blog Addons for (Gutenberg) Block Editor

Search the Archives

Access over the years of investigative journalism and breaking reports