GoPro acquired by Starman Optical, Inc.
Starman Optical, Inc. agreed to acquire GoPro, a US consumer electronics brand.
Transaction summary
- Target
- GoPro
- Acquirer
- Starman Optical, Inc.
- Seller
- GoPro shareholders
- Announced
- -
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 90%
- First added
- 2026-09-23
- Latest update
- 2026-09-29
Value and multiples
100% enterprise value
USD 409M
100% enterprise value | USD
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
-
Period not stated
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 285M
Consideration: USD 285M
GoPro's official announcement, distributed by PR Newswire, states that shareholders will receive an aggregate cash payment of $285 million, or $1.14 per share, subject to a potential net-working-capital adjustment. The announcement also states that approximately $92 million of debt will be repaid at closing; that debt repayment is excluded from the selected cash-consideration value.
Basis
- Estimated EV proxy: US$285m shareholder cash / 90% + US$92m debt repayment = approximately US$408.667m. The announcement describes 10% retained ownership in the combined company, not a priced 10% of standalone GoPro: proportional rollover valuation is an approximation. No separate cash adjustment is disclosed; working-capital adjustment remains possible. Original shareholder payment tracked separately. Quarterly revenue is not treated as full-year revenue.
Source summary
GOPRO ENTERS INTO DEFINITIVE AGREEMENT TO MERGE WITH STARMAN OPTICAL, INC.
ConfirmedGoPro and Starman Optical announced a definitive merger agreement under which GoPro shareholders would receive $285 million in cash, retain approximately 10% of the combined company, and have GoPro debt repaid at closing.
Open sourceGoPro to be acquired for $285M, will remain a public company | TechCrunch
ConfirmedGoPro and Starman Optical announced a definitive merger agreement under which GoPro shareholders would receive $285 million in cash, retain approximately 10% of the combined company, and have GoPro debt repaid at closing.
Open source100% EV basis review
EstimatedEstimated EV proxy: US$285m shareholder cash / 90% + US$92m debt repayment = approximately US$408.667m. The announcement describes 10% retained ownership in the combined company, not a priced 10% of standalone GoPro: proportional rollover valuation is an approximation. No separate cash adjustment is disclosed; working-capital adjustment remains possible. Original shareholder payment tracked separately. Quarterly revenue is not treated as full-year revenue.
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