M&A Deal Summary

NuCom Group Acquires Aroundhome

On January 14, 2019, NuCom Group acquired internet software and services company Aroundhome from General Atlantic and ProSiebenSat.1 Media for 161M USD

Acquisition Highlights
  • This is NuCom Group’s 1st transaction in the Internet Software and Services sector.
  • This is NuCom Group’s largest (disclosed) transaction.
  • This is NuCom Group’s 1st transaction in Germany.

M&A Deal Summary
Date 2019-01-14
Target Aroundhome
Sector Internet Software and Services
Buyer(s) NuCom Group
Sellers(s) General Atlantic
ProSiebenSat.1 Media
Deal Type Add-on Acquisition
Deal Value 161M USD

Target

Aroundhome

Berlin, Germany
website
Beko Käuferportal GmbH is an online portal in Germany that connects customers with a vendor network for consulting-intensive products and services for home improvement and financial services. The online service helps consumers obtain and compare offers from regional companies before making a major purchase. KäuferPortal announced its gradual expansion into the rest of Europe. Together with their partners, they now sell products and services worth EUR 500 million annually and employ more than 350 people in six locations across Europe.

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Buyer(S) 1

Buyer

NuCom Group

Unterfohring, Germany

website

Category Company
Founded 2018
Sector Internet Software and Services
DESCRIPTION

NuCom Group is an omnichannel platform for consumer services and lifestyle brands. The company is comprised of 10 market-leading businesses in the areas of price comparison, matchmaking, experience gift vouchers, and e-commerce. NuCom Group was formed in 2018 and is based in Unterfohring, germany.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 2

SELLER

General Atlantic

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 1980
PE ASSETS 73.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 99 of 144
Sector (Internet Software and Services) 14 of 24
Type (Add-on Acquisition) 38 of 42
Country (Germany) 7 of 8
Year (2019) 2 of 9
Size (of disclosed) 27 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 Aimbridge Hospitality

Plano, Texas, United States

Aimbridge Hospitality is an independent hotel investment and management firm. Aimbridge Hospitality offers an unrivaled track record of creating and maximizing asset value and holds an enviable position as an exclusive management company approved to operate all brands within the Marriott, Hilton, Hyatt, Starwood, Wyndham, and InterContinental systems as well as their respective newly launched soft brands. Aimbridge Hospitality was founded in 2003 and is based in Plano, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-15 80 Acres Farms

Hamilton, Ohio, United States

80 Acres Farms is an indoor farming pioneer providing customers with flavorful, and nutritious locally grown fruits and vegetables at affordable prices. 80 Acres Farms was founded in 2015 and is based in Hamilton, Ohio.

Buy -
SELLER

ProSiebenSat.1 Media

Unterfohring, Germany

website

Category Company
Founded 1984
Sector Media
Employees7,619
Revenue 4.2B EUR (2022)
DESCRIPTION

ProSiebenSat.1 Media is a media company that operates 27 TV channels in 10 countries. The Entertainment segment operates free TV stations, such as SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, ProSieben MAXX, and kabel eins Doku, as well as distributes ProSiebenSat.1 HD stations. ProSiebenSat.1 Media was founded in 1984 and is based in Unterfohring, Germany.

DEAL STATS #
Overall 5 of 7
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 1 of 1
Country (Germany) 2 of 3
Year (2019) 1 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-09 Tropo

Hamburg, Germany

Tropo GmbH is a tour operator for low-cost and high-quality travel packages, last-minute vacations, and hotel reservations. Tropo GmbH was founded in 2012 and is based in Hamburg, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-22 Pluto TV

Los Angeles, California, United States

Pluto TV is a free streaming television service in America, delivering 100+ live and original channels and thousands of on-demand movies in partnership with major TV networks, movie studios, publishers, and digital media companies. Pluto TV is available on all mobile, web and connected TV streaming devices and millions of viewers tune in each month to watch premium news, TV shows, movies, sports, lifestyle and trending digital series. Headquartered in Los Angeles, Pluto TV has offices in New York, Silicon Valley, Chicago, and Berlin.

Sell -
Mergr

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