M&A Deal Summary

Global Growth Holdings Acquires Damovo Deutschland KG.

On July 6, 2018, Global Growth Holdings acquired information technology company Damovo Deutschland KG. from Oakley Capital for 140M EUR

Acquisition Highlights
  • This is Global Growth Holdings’ 1st transaction in the Information Technology sector.
  • This is Global Growth Holdings’ 0th largest (disclosed) transaction.
  • This is Global Growth Holdings’ 2nd transaction in Germany.

M&A Deal Summary
Date 2018-07-06
Target Damovo Deutschland KG.
Sector Information Technology
Buyer(s) Global Growth Holdings
Sellers(s) Oakley Capital
Deal Type Add-on Acquisition
Deal Value 140M EUR

Target

Damovo Deutschland KG.

Düsseldorf, Germany
Damovo Deutschland GmbH & Co. KG. is a provider of ICT managed services and solutions to large enterprises. Damovo Deutschland GmbH & Co. KG. is based in Düsseldorf, Germany.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Global Growth Holdings

New York, New York, United States
Category Company
Founded 1991
Sector Media
DESCRIPTION

Global Growth Holdings is a diversified information and services group that provides a broad range of products and services including certification, training, market research, advertising, information services, and cash flow management. Global Growth Holdings was founded in 1991 and is based in New York City.

DEAL STATS #
Overall 8 of 8
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 8 of 8
Country (Germany) 2 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-19 finanzen.de AG

Berlin, Germany

finanzen.de AG is a online marketplace for end customer leads in the German finance and insurance sector. The Company connects lead generators such as online price comparison sites with lead buyers such as independent financial advisers and insurance companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 Pavonia Life Insurance Company of Michigan

North Carolina, United States

Pavonia has historically offered life insurance, annuities and reinsurance products and services. The Company is currently licensed in 49 states and the platform has operated in multi-channel distribution networks with relationships covering more than 4,700 agents and subgroups.

Sell $75M

Seller(S) 1

SELLER

Oakley Capital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 8.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Oakley Capital is a mid-market, generalist private equity firm focused on investing in opportunities across Europe. Oakley targets a variety of investment situations, including traditional buyouts, take privates, growth capital financings, secondary buyouts, and turnarounds. Oakley prefers controlling situations and seeks businesses valued between €100 million and €1 billion. Oakley Capital was formed in 2002 and is based in London.

DEAL STATS #
Overall 9 of 16
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (Germany) 3 of 5
Year (2018) 2 of 2
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 Facile.it

Milan, Italy

Facile.it is an online destination for consumers to compare prices for motor insurance, energy, telecoms, and personal finance products. Facile.it was founded in 2008 and is based in Milan, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 Rastreator

Madrid, Spain

Rastreator is a digital insurance broker allows users to buy insurance, financial products, travel, offers, telephone services, energy, finance, and cars by comparing quotations.

Buy -
Mergr

Product

Company

Legal