Waverock Software Acquires WorthPoint, Expanding Collect

Waverock Software has acquired WorthPoint Corporation for an undisclosed amount.

This transaction marks a significant corporate acquisition, with Waverock Software taking ownership of WorthPoint, a leading provider of data and research tools for the art, antiques, and collectibles market.

WorthPoint, founded in 2007, has established itself as the world’s largest pricing source for valuing items within the $360 billion global marketplace, offering extensive historical pricing data and imagery.

WorthPoint’s comprehensive suite of services includes its Price Guide, which provides access to over 900 million auction prices realized and 2 billion images.

Beyond pricing, the company offers a Dictionary of over 8,600 reference articles, a digital Library of more than 18,000 works, a visual database of over 245,000 unique makers’ marks, and a digital Vault for preserving information on valuables.

These tools provide market pricing transparency, enabling collectors and resellers to operate more efficiently.

The platform attracts 200,000 to 300,000 daily visitors, supported by a mobile app with visual search recognition and a weekly newsletter reaching over 130,000 subscribers.

WorthPoint is headquartered in Atlanta, Georgia.

The acquisition is strategically significant for Waverock Software, allowing it to integrate a robust, data-rich platform into its portfolio.

Waverock's software expertise is expected to enhance WorthPoint's existing offerings, potentially improving data analytics, user experience, and the development of new digital tools for the collectibles market.

Synergies are anticipated through the combination of WorthPoint's deep market data and established subscriber base with Waverock's technological capabilities, aiming to further innovate and expand the reach of WorthPoint's services.

The combined entity is poised to strengthen its leadership in providing essential market intelligence for the art, antiques, and collectibles sector.

By leveraging Waverock's software development prowess and WorthPoint's extensive data and user engagement, the acquisition aims to drive continued growth and deliver enhanced value to its global community of collectors and resellers.