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M&A Deal Summary

New Work Acquires InterNations

On July 13, 2017, New Work acquired internet software and services company InterNations for 10M EUR

Acquisition Highlights
  • This is New Work’s 6th transaction in the Internet Software and Services sector.
  • This is New Work’s 2nd largest (disclosed) transaction.
  • This is New Work’s 2nd transaction in Germany.

M&A Deal Summary
Date 2017-07-13
Target InterNations
Sector Internet Software and Services
Buyer(s) New Work
Deal Type Add-on Acquisition
Deal Value 10M EUR

Target

InterNations

Munich, Germany
InterNations GmbH is an online community for people who live and work abroad. InterNations offers expats a variety of ways to connect and exchange with other members who are in the same situation and have similar needs. InterNations GmbH was founded in 2007 and is based in Munich, Germany.

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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 7 of 7
Sector: Internet Software and Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Germany M&A 2 of 2
Year: 2017 M&A 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS 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
Mergr

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