Investment Summary

General Atlantic and ProSiebenSat.1 Media Invest In Parship Group

On September 5, 2016, growth capital firm General Atlantic and ProSiebenSat.1 Media invested in internet software and services company Parship Group

Investment Highlights
  • This is General Atlantic’s 27th and ProSiebenSat.1 Media’s 3rd transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 9th and ProSiebenSat.1 Media’s 5th transaction in Germany.

Investment Summary

Date 2016-09-05
Target Parship Group
Sector Internet Software and Services
Investor(s) General Atlantic
ProSiebenSat.1 Media
Deal Type Stake Purchase

Target

Parship Group

Hamburg, Germany
Parship Group is a provider of online dating services. Parship Group was founded in 2015 and is based in Hamburg, Germany.

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Investor(S) 2

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B 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 New York, New York.


DEAL STATS #
Overall 162 of 364
Sector: Internet Software and Services M&A 27 of 78
Type: Stake Purchase M&A Deals 25 of 42
Country: Germany M&A 9 of 18
Year: 2016 M&A 9 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 PingPong

San Mateo, California, United States

PingPong is an online cross-border payment service provider for China-based eCommerce sellers. Their mission is to empower their customers to sell anywhere in the world. They are committed to bringing a simple and streamlined experience to their customers while providing value-added services to further grow their businesses. PingPong was founded in 2015 and is based in San Mateo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-12 Aroundhome

Berlin, Germany

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.

Buy -
Investor

ProSiebenSat.1 Media

Unterfohring, Germany

Category Company
Founded 1984
Sector Media
Employees7,188
Revenue 3.9B EUR (2023)
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 12 of 19
Sector: Internet Software and Services M&A 3 of 7
Type: Stake Purchase M&A Deals 4 of 6
Country: Germany M&A 5 of 10
Year: 2016 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-16 WindStar Medical

Frankfurt, Germany

Windstar Medical is an over-the-counter (“OTC”) consumer healthcare company that designs, develops, and commercializes branded consumer health and private label products, with a track record of establishing best-in-class medical formulations and brands. Windstar Medical was founded in 1993 and is based in Frankfurt, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-12 Aroundhome

Berlin, Germany

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.

Buy -