M&A Deal Summary

New Work Acquires BuddyBroker AG

On April 14, 2016, New Work acquired staffing company BuddyBroker AG for 7M EUR

Acquisition Highlights
  • This is New Work’s 1st transaction in the Staffing sector.
  • This is New Work’s 2nd largest (disclosed) transaction.
  • This is New Work’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2016-04-14
Target BuddyBroker AG
Sector Staffing
Buyer(s) New Work
Deal Type Add-on Acquisition
Deal Value 7M EUR

Target

BuddyBroker AG

Zurich, Switzerland
BuddyBroker AG is a developer of innovative and intuitive recruiting solutions.

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Buyer(S) 1

Buyer

New Work

Hamburg, Germany

Category Company
Founded 2003
Sector Software
Employees1,460
Revenue 306M EUR (2023)
DESCRIPTION

New Work is a social software platform for enabling a small-world network for professionals. New Work was established in 2003 and is based in Hamburg, Germany.


DEAL STATS #
Overall 5 of 7
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 7
Country: Switzerland M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 kununu

Vienna, Austria

kununu is a provider of employer review platform in Europe with around 3 million page impressions per month. kununu gives employees, former employees, trainees and interns the opportunity to rate their employer in various categories such as working environment, promotion opportunities, and salary.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 Prescreen

Vienna, Austria

Prescreen GmbH is a provider of the Prescreen candidate management system. Prescreen GmbH was founded in 2011 and is based in Vienna, Austria.

Buy €17M