M&A Deal Summary

Daegu Acquires Maps.me

On November 2, 2020, Daegu acquired internet software and services company Maps.me from Mail.ru Group for 1.6B RUB

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

M&A Deal Summary
Date 2020-11-02
Target Maps.me
Sector Internet Software and Services
Buyer(s) Daegu
Sellers(s) Mail.ru Group
Deal Type Divestiture
Deal Value 1.6B RUB

Target

Maps.me

Zurich, Switzerland
Maps.me is a map app that provides offline maps for various mobile devices, based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Daegu

United States
Category Company
Sector Business Services
DESCRIPTION

Daegu Ltd. is an Internet company.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Switzerland) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Mail.ru Group

Limassol, Russia
Category Company
Founded 1998
Sector Internet Software and Services
Revenue 132.8B RUB (2023)
DESCRIPTION

Mail.ru Group is an Internet company in the Russian-speaking world and the leading Internet company in Russia, based on global monthly unique users. Mail.ru Group was founded in 1998 and is based in Limassol, Russia.

DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 3 of 3
Type (Divestiture) 4 of 4
Country (Switzerland) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 2 of 2
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Deuscraftdev is an operator of mobile games development studio that has offices in Moscow, Saint Petersburg, and Novosibirsk. The company's current operating product, the mobile game Grand Hotel Mania, was released in July 2020. Deuscraftdev is based in Nicosia, Cyprus.

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