M&A Deal Summary

EWE Acquires Grünspar

On August 7, 2015, EWE acquired internet software and services company Grünspar from Jadeberg Partners AG

Acquisition Highlights
  • This is EWE’s 1st transaction in the Internet Software and Services sector.
  • This is EWE’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-08-07
Target Grünspar
Sector Internet Software and Services
Buyer(s) EWE
Sellers(s) Jadeberg Partners AG
Deal Type Add-on Acquisition

Target

Grünspar

Münster, Germany
Grünspar GmbH provides online Store for energy- and resource-saving products, provider of SaaS services RUs.

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Buyer(S) 1

Buyer

EWE

Oldenburg, Germany

Category Company
Sector Utilities
DESCRIPTION

EWE is a German utility company that combines three sectors of the future with energy, telecommunications, and information technology. The company also offers telecommunications services in parts of North Rhine-Westphalia, and IT services of its subsidiary BTC are available internationally. EWE is based in Oldenburg, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Jadeberg Partners is a growth capital investment firm focused on providing expansion capital to fast growing technology companies in German speaking Europe. The Firm seeks to invest in profitable companies and primarily targets digital economy businesses operating in the enterprise software, IoT, and IT sectors. Jadeberg Partners was established in 2007 and is headquartered in Baar, Switzerland.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Germany M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 ASCON

Bonn, Germany

ASCON is a recycling economy, that offers environmental and waste management services that balance economic and ecological aspects. ASCON is based in Bonn, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 MCS Solutions

Antwerp, Belgium

Faseas is a technology and consulting firm providing software and consulting for integrated digital real estate, workplace and facility management.

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