Divestiture • Internet Software and Services

HomeAdvisor Acquires Werkspot BV

On April 8, 2013, HomeAdvisor acquired internet software and services company Werkspot BV from DTG BV

Acquisition Context
  • This is HomeAdvisor’s 2nd transaction in the Internet Software and Services sector.
  • This is HomeAdvisor’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date April 8, 2013
Target Werkspot BV
Sector Internet Software and Services
Buyer(s) HomeAdvisor
Sellers(s) DTG BV
Deal Type Divestiture

Target Company

Werkspot BV

Tilburg, Netherlands
Werkspot BV is an online platform connecting homeowners with qualified craftsmen. The company connects homeowners with a network of over 8,000 screened and qualified craftsmen who pay an annual subscription for the service.
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Buyer Overview 1

Buyer

HomeAdvisor

Golden, Colorado, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

HomeAdvisor, Inc. is a home services marketplace in North America. HomeAdvisor International operates in six countries through four leading brands: MyHammer in Germany, Austria, and the United Kingdom; Travaux.com in France; Werkspot in the Netherlands; and Instapro in Italy.


Deal Context for Buyer #
Overall 3 of 6
Sector: Internet Software and Services 2 of 5
Type: Divestiture 3 of 3
Country: Netherlands 1 of 1
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-29 Travaux.com

France

Travaux.com is a provider of cloud based content for homeowners searching for information about home improvements in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-10 MyHammer Holding AG

Berlin, Germany

MyHammer Holding AG is an online destination for consumers to search for and find the right craftsman online. MyHammer has successfully connected over a million customers with qualified local service professionals for home improvement, renovations, gardening and moving services. Customers can compare service providers by reviewing their profile pages as well as other customer's reviews.

Buy -

Seller Profile 1

SELLER

DTG BV

Amsterdam, Netherlands

Category Company
Founded 1881
Sector Internet Software and Services
Employees550
DESCRIPTION

DTG BV is a local search and marketing services company that operates in the Dutch market. The company services 140.000 local SME's with a variety of print, online and mobile listings, web presence and web performance products.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2013 1 of 1