Boulder-based Techstars acquiring Startup Week parent UP Global

BOULDER – Startup accelerator Techstars announced Tuesday that it has acquired UP Global, the nonprofit parent organization of the Startup Weekend, Startup Week, Startup Next and Startup Digest programs.

Terms of the deal were not announced.

Techstars cofounder David Brown said in a blog post that while the UP Global brand will go away, the individual programs will “continue to run as they do now.” Employees of Seattle-based UP Global, meanwhile, will be absorbed by Techstars, with chief executive Marc Nager becoming chief community officer at Techstars.

For UP Global, the move gives the organization the financial backing of Techstars as it continues…