M&A Deal Summary

Mitula Group Acquires Dot Property Pte

On September 5, 2016, Mitula Group acquired internet software and services company Dot Property Pte for 11M AUD

Acquisition Highlights
  • This is Mitula Group’s 2nd transaction in the Internet Software and Services sector.
  • This is Mitula Group’s 0th largest (disclosed) transaction.
  • This is Mitula Group’s 1st transaction in Singapore.

M&A Deal Summary

Date 2016-09-05
Target Dot Property Pte
Sector Internet Software and Services
Buyer(s) Mitula Group
Deal Type Add-on Acquisition
Deal Value 11M AUD

Target

Dot Property Pte

Singapore, Singapore
Dot Property Group is a Digital Media Company that owns and operates 10 property portal websites and complimentary offline media throughout South East Asia.

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Buyer(S) 1

Buyer

Mitula Group

Madrid, Spain

Category Company
Founded 2009
Sector Internet Software and Services
Revenue 16M AUD (2014)
DESCRIPTION

Mitula Group Ltd. is a digital classifieds group with its headquarters in Madrid (Spain) operating classifieds vertical search and portals sites. The company operates more than 100 vertical search sites across the property, employment, motoring and fashion and 10 property portals in more than 50 different countries and in 19 different languages. Mitula Group was formed in 2009 and is based in Madrid, Spain.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Singapore) 1 of 1
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Nuroa Internet S.L.

Barcelona, Spain

Nuroa Internet S.L. is a real estate search engine for properties to buy and rent. Nuroa owns and operates 17 real estate vertical search sites.

Buy €3M