M&A Deal Summary

Pracuj Group Acquires softgarden

On June 14, 2022, Pracuj Group acquired software company softgarden from Investcorp for 118M EUR

Acquisition Highlights
  • This is Pracuj Group’s 1st transaction in the Software sector.
  • This is Pracuj Group’s 0th largest (disclosed) transaction.
  • This is Pracuj Group’s 1st transaction in Germany.

M&A Deal Summary
Date 2022-06-14
Target softgarden
Sector Software
Buyer(s) Pracuj Group
Sellers(s) Investcorp
Deal Type Add-on Acquisition
Deal Value 118M EUR

Target

softgarden

Berlin, Germany
softgarden is a European Recruiting-as-a-Service provider with more than 400 corporate customers across a wide range of industries. softgarden offers an innovative recruitment technology platform to a diversified set of German midmarket and enterprise customers. softgarden was founded in 2003 and is based in Berlin, Germany.

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Buyer(S) 1

Buyer

Pracuj Group

Warsaw, Poland
Category Company
Sector Staffing
Employees1,100
Revenue 724M PLN (2023)
DESCRIPTION

Pracuj Group is a digital recruitment company owner of brands contributing to a digital ecosystem addressed to the HR world. Pracuj Group is based in Warsaw, Poland.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.

DEAL STATS #
Overall 104 of 106
Sector (Software) 13 of 13
Type (Add-on Acquisition) 45 of 46
Country (Germany) 7 of 7
Year (2022) 3 of 4
Size (of disclosed) 33 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Agromillora Iberia

Barcelona, Spain

Agromillora Iberia is a provider of advanced plant propagation for the agricultural industry. It focuses on the development of innovative processes in-vitro multiplication of woody species and the adaptation of new species to super-intensive cultivation techniques. Agromillora Iberia was founded in 1986 and is based in Barcelona, Spain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 UTA

Beverly Hills, California, United States

UTA is a global talent and entertainment company. UTA represents many of the most acclaimed figures across film, television, news, music, sports, theater, fine art, literature, video games, podcasts and other social and digital content. UTA was founded in 1991 and is based in Beverly Hills, California.

Sell -
Mergr

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