M&A Deal Summary

Axel Springer Acquires StepStone

On September 2, 2009, Axel Springer acquired internet software and services company StepStone

Acquisition Highlights
  • This is Axel Springer’s 1st transaction in the Internet Software and Services sector.
  • This is Axel Springer’s 2nd transaction in Germany.

M&A Deal Summary

Date 2009-09-02
Target StepStone
Sector Internet Software and Services
Buyer(s) Axel Springer
Deal Type Add-on Acquisition

Target

StepStone

Berlin, Germany
website
StepStone is a European provider of job boards and job listing services.

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Buyer(S) 1

Buyer

Axel Springer

Berlin, Germany

website


Category Company
Founded 1946
Sector Publishing
Employees16,233
Revenue 3.2B EUR (2018)
DESCRIPTION
Entrance to Axel Springer's corporate headquarters in Berlin.
Entrance to Axel Springer's corporate headquarters in Berlin.

Axel Springer is a German publisher of newspapers and magazines. Axel Springer was founded in 1946 and is based in Berlin, Germany.


DEAL STATS #
Overall 3 of 9
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 3 of 7
Country (Germany) 2 of 3
Year (2009) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-04 Digital Window

London, United Kingdom

Digital Window Ltd. is a digital marketing firm. The Company was formed in 2000 and is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-18 Seloger.Com SA

Paris, United States

Seloger.Com SA is a web-based property for listing houses. Its sites include seloger.com and immostreet.com.

Buy €633M