M&A Deal Summary

Daegu Acquires Maps.me

On November 2, 2020, Daegu acquired internet software and services company Maps.me from VK Company 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) VK Company
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.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

VK Company

Limassol, Cyprus

Category Company
Founded 1998
Sector Internet Software and Services
Revenue 147.6B RUB (2024)
DESCRIPTION

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


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Divestiture M&A Deals 4 of 4
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-08 Deuscraftdev

Nicosia, Cyprus

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.

Buy $49M