Tag: m&a


ZPG acquires Dutch property valuator Calcasa

ZPG acquires Dutch property valuator Calcasa

Zoopla Property Group (ZPG) simultaneously released its earnings report for FY2017 and announced its first acquisition of the new financial year: Dutch property market analysis and valuations provider Calcasa. The purchase price was €30 million ($35 million U.S.) with a potential performance-based earn-out of €50 million ($59 million U.S.).



Funke buys another niche job site

Funke buys another niche job site

Essen-based media group Funke Medien Gruppe acquired Azubiyo, a job site for apprenticeships, and dual work/study opportunities, from founders Joachim Geitner and Florian Schardt. The financial detail of the deal was not divulged.



Schibsted takes control of Shpock app

Updated Sunday, 13 September, with additional information   Naspers won’t be alone in the mobile classified / e-commerce space with its LetGo app. Schibsted Classified Media has acquired an additional 9 percent of Shpock, which describes itself as a mobile flea-market app, increasing its stake from 82 percent to 91 percent and taking control of its parent company, Finderly Gm

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Scout24 IPO expected in September – Handelsblatt

Once again rumors, stronger than ever: According to the German business daily Handelsblatt the Scout24 IPO could take place already in September. It quotes sources from banks that say shares will be placed for up to 1 billion Euro. Only an attractive M&A offer could prevent Scout24 from listing, the newspaper reported. Scout24 is being owned by 70 percent by the finance investors Hellman &

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Imena invests in Dubai-based JRD Group

Imena invests in Dubai-based JRD Group

According to Khaldoon Tabaza, founder and managing director of Imena Group, an investment firm focused on the Middle East and North Africa (MENA region), the group invested an undisclosed amount in Dubai-based JRD Group. JRD Group, a real estate technology company which operates the real estate sites <a title="Justrentals.com" href="http://Justren

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Tiger Global coins €20m from sale of Distilled Media

The Sunday Times has reported that Tiger Global, the US hedge fund that backed Distilled Media, owner of daft.ie and adverts.ie, has more than doubled its money on exiting the Irish online company.

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CareerBuilder buys semantic search company Textkernel

CareerBuilder buys semantic search company Textkernel

CareerBuilder acquired a majority stake in an Amsterdam-based semantic recruitment software company Textkernel this week, the company said in an official statement. We put our questions to Textkernel, and here is what it said…

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The IT Job Board rebrands as Dice

The IT Job Board rebrands as Dice

DHI Group (formerly known as Dice Holding) extended its service into Europe with the rebranding of European tech career site The IT Job Board to Dice. Dice is America’s leading digital career resource for technology and engineering professionals. The move follows the company’s acquisition of the IT Job Board in July 2013 from international staffing specialist SThree. The IT Job Board is a hi

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L’Argus now owner of France’s Autoreflex

L’Argus now owner of France’s Autoreflex

On June 30 French auto information company L'Argus signed a contract with Axel Springer and Mondadori, which made it the owner of France's Autoreflex.com, L'Argus reported (in French here). The site was about to be liquidated by the previous owners, when L’Argus came up with an offer (w

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