M&A Deal Summary

Global Growth Holdings Acquires Damovo Deutschland KG.

On July 6, 2018, Global Growth Holdings acquired information technology company Damovo Deutschland KG. from Oakley Capital Private Equity for 140M EUR

Acquisition Highlights
  • This is Global Growth Holdings’ 1st transaction in the Information Technology sector.
  • This is Global Growth Holdings’ 0th largest (disclosed) transaction.
  • This is Global Growth Holdings’ 2nd transaction in Germany.

M&A Deal Summary
Date 2018-07-06
Target Damovo Deutschland KG.
Sector Information Technology
Buyer(s) Global Growth Holdings
Sellers(s) Oakley Capital Private Equity
Deal Type Add-on Acquisition
Deal Value 140M EUR

Target

Damovo Deutschland KG.

Düsseldorf, Germany
website
Damovo Deutschland GmbH & Co. KG. is a provider of ICT managed services and solutions to large enterprises. Damovo Deutschland GmbH & Co. KG. is based in Düsseldorf, Germany.

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Buyer(S) 1

Buyer

Global Growth Holdings

New York, New York, United States

website

Category Company
Founded 1991
Sector Media
DESCRIPTION

Global Growth Holdings is a diversified information and services group that provides a broad range of products and services including certification, training, market research, advertising, information services, and cash flow management. Global Growth Holdings was founded in 1991 and is based in New York City.

DEAL STATS #
Overall 8 of 8
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 8 of 8
Country (Germany) 2 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-19 finanzen.de AG

Berlin, Germany

finanzen.de AG is a online marketplace for end customer leads in the German finance and insurance sector. The Company connects lead generators such as online price comparison sites with lead buyers such as independent financial advisers and insurance companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 Pavonia Life Insurance Company of Michigan

North Carolina, United States

Pavonia has historically offered life insurance, annuities and reinsurance products and services. The Company is currently licensed in 49 states and the platform has operated in multi-channel distribution networks with relationships covering more than 4,700 agents and subgroups.

Sell $75M

Seller(S) 1

SELLER

Oakley Capital Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2011
PE ASSETS 1.5B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Oakley Capital Private Equity is a mid-market, generalist private equity firm focused on investing in the UK and Western Europe. Oakley targets a variety of investment situations, including traditional buyouts, take privates, growth capital financings, secondary buyouts, and turnarounds. Oakley prefers controlling situations and looks to commit £5 to £60 million per transaction. Oakley Capital Private Equity is a unit of asset manager of Oakley Capital. The Group is based in London.

DEAL STATS #
Overall 9 of 14
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (Germany) 3 of 4
Year (2018) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 Facile.it

Milan, Italy

Facile.it is an online destination for consumers to compare prices for motor insurance, energy, telecoms, and personal finance products. Facile.it was founded in 2008 and is based in Milan, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 Rastreator

Madrid, Spain

Rastreator is a digital insurance broker allows users to buy insurance, financial products, travel, offers, telephone services, energy, finance, and cars by comparing quotations.

Buy -
Mergr

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