M&A Deal Summary

Axel Springer Digital Classifieds Acquires Coral-Tell

On June 5, 2014, Axel Springer Digital Classifieds acquired internet software and services company Coral-Tell for 165M EUR

Acquisition Highlights
  • This is Axel Springer Digital Classifieds’ 2nd transaction in the Internet Software and Services sector.
  • This is Axel Springer Digital Classifieds’ 0th largest (disclosed) transaction.
  • This is Axel Springer Digital Classifieds’ 1st transaction in Israel.

M&A Deal Summary

Date 2014-06-05
Target Coral-Tell
Sector Internet Software and Services
Buyer(s) Axel Springer Digital Classifieds
Deal Type Add-on Acquisition
Deal Value 165M EUR

Target

Coral-Tell

Tel Aviv, Israel
Coral-Tell Ltd. operates the classifieds portal yad2 (yad2.co.il) serving Israel.

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Buyer(S) 1

Buyer

Axel Springer Digital Classifieds

Germany

Category Company
Founded 2012
Sector Digital Media
DESCRIPTION

Axel Springer Digital Classifieds is an international player in the digital classifieds marketplace.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-07 IMMOWEB S.A.

Forest, Belgium

IMMOWEB S.A., founded in 1996, operates the leading Belgian online property portal.

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