On the Record · Sothebys

Sothebys acquisitions, on the record

The businesses Sothebys bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Art Agency, Partners (AAP) Word for word“In January 2016, we acquired AAP, a firm that provides a range of art-related services, in exchange for initial cash consideration of $50 million and earn-out consideration of $35 million.” 10-K for 2016	acquisition	—	initial cash consideration of $50 million
The Mei Moses Art Indices (now Sotheby's Mei Moses) Word for word“In July 2016, we acquired The Mei Moses Art Indices, which is now known as Sotheby's Mei Moses.” 10-K for 2016	acquisition	July 2016	—
Orion Analytical Word for word“In November 2016, we acquired Orion Analytical, a materials analysis and consulting firm that utilizes state-of-the-art technical and scientific methods in the examination of art, cultural property, wine and other objects.” 10-K for 2016	acquisition	November 2016	—
Sotheby's International Realty (SIR) Word for word“In 2004, we sold SIR to a subsidiary of Realogy Corporation ("Realogy"), formerly Cendant Corporation.” 10-K for 2016	divestiture	2004	—
RM Auctions (25% ownership interest) Word for word“For the year ended December 31, 2015 , the net cash used by investing activities of $16.7 million was primarily attributable to our acquisition of a 25% ownership interest in RM Auctions for $30.7 million and capital expenditures of $11.3 million.” 10-K for 2017	acquisition	—	$30.7 million
Art Agency, Partners Word for word“On January 11, 2016, we acquired Art Agency, Partners, a firm that provides a range of art-related services, in exchange for initial cash consideration of $50 million and future earn-out payments of up to $35 million , as discussed in more detail below.” 10-K for 2018	acquisition	January 11, 2016	initial cash consideration of $50 million and future earn-out payments of up to $35 million
Sotheby's International Realty Word for word“In 2004, we sold SIR to a subsidiary of Realogy Corporation ("Realogy"), formerly Cendant Corporation.” 10-K for 2018	divestiture	2004	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$54.3 million	—
2017-12-31	$75,000	$0
2018-12-31	$6.1 million	$5.3 million

Deal filings since 2016

2019-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-09-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Sothebys’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.