M&A Deal Summary

Prosus Acquires Stack Overflow

On June 2, 2021, Prosus acquired internet software and services company Stack Overflow for 1.8B USD

Acquisition Highlights
  • This is Prosus’ 1st transaction in the Internet Software and Services sector.
  • This is Prosus’ largest (disclosed) transaction.
  • This is Prosus’ 1st transaction in the United States.
  • This is Prosus’ 1st transaction in New York.

M&A Deal Summary
Date 2021-06-02
Target Stack Overflow
Sector Internet Software and Services
Buyer(s) Prosus
Deal Type Add-on Acquisition
Deal Value 1.8B USD

Target

Stack Overflow

New York, New York, United States
Stack Overflow empowers the world to develop technology faster through shared knowledge. Stack Overflow’s products include the market-leading SaaS knowledge sharing and collaboration platform, Stack Overflow for Teams, in addition to Stack Overflow Reach & Relevance, which is focused on advertising. Stack Overflow is headquartered in New York City.

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Buyer(S) 1

Buyer

Prosus

Amsterdam, Netherlands
Category Company
Founded 1994
Sector Internet Software and Services
Employees21,048
Revenue 5.5B USD (2024)
DESCRIPTION

Prosus is a global consumer internet group and one of the largest technology investors in the world. It is a strategic investor and an operator of fast-growing consumer internet businesses, particularly focused on online classifieds, payments and fintech, and food delivery in markets including India, Russia and Brazil. Its ventures arm pursues new growth opportunities with investments in edtech and health, among others. Prosus was founded in 1994 is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 GoodHabitz

Eindhoven, Netherlands

GoodHabitz is an online corporate education provider. GoodHabitz's purpose has been to create the most enjoyable, high-quality, online training and development platform that employers can find anywhere, with courses that are entertaining, inspiring, and always available for a fixed, low price. GoodHabitz was founded in 2011 and is based in Eindhoven, Netherlands.

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