M&A Deal Summary

net mobile AG Acquires net-m privatbank 1891 AG

On October 31, 2011, net mobile AG acquired financial services company net-m privatbank 1891 AG

Acquisition Highlights
  • This is net mobile AG’s 1st transaction in the Financial Services sector.
  • This is net mobile AG’s 1st transaction in Germany.

M&A Deal Summary

Date 2011-10-31
Target net-m privatbank 1891 AG
Sector Financial Services
Buyer(s) net mobile AG
Deal Type Add-on Acquisition

Target

net-m privatbank 1891 AG

Munich, Germany
net-m privatbank 1891 AG offer retail and commercial banking services.

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Buyer(S) 1

Buyer

net mobile AG

Düsseldorf, Germany

Category Company
Founded 2000
Sector Communications
Revenue 130M EUR (2013)
DESCRIPTION

The net mobile AG Group is an international full-service provider of payment solutions and mobile value-added services. The company's principal activities are in the fields of mobile payment, mobile content and other value-added services, which it offers to mobile network operators, digital media companies, and publishers worldwide. net mobile was formed in 2000 and is based in Düsseldorf, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2011 M&A 1 of 1