Merger • Internet Software and Services

softgarden Acquires HR New Media

On March 3, 2014, softgarden acquired internet software and services company HR New Media from Cipio Partners

Acquisition Context
  • This is softgarden’s 1st transaction in the Internet Software and Services sector.
  • This is softgarden’s 1st transaction in Germany.

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M&A Deal Summary

Date March 3, 2014
Target HR New Media
Sector Internet Software and Services
Buyer(s) softgarden
Sellers(s) Cipio Partners
Deal Type Merger

Target Company

HR New Media

Berlin, Germany
HR New Media is an online marketplace for job adverts. HR New Media is based in Berlin, Germany.
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Buyer Overview 1

Buyer

softgarden

Berlin, Germany

Category Company
Founded 2003
Sector Software
DESCRIPTION

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.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Merger 1 of 1
Country: Germany 1 of 1
Year: 2014 1 of 1

Seller Profile 1

SELLER

Cipio Partners

Munich, Germany

Investor Investor Investor Investor Investor


Category Secondary Investor
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Cipio Partners is an investment management firm focused on secondary investments, as well as early and later-stage venture capital transactions. Sectors of interest include technology, media, and communications. Cipio Partners was formed in 2003 and is based in Munich, Germany.


Deal Context for Seller #
Overall 51 of 68
Sector: Internet Software and Services 2 of 4
Type: Merger 1 of 1
Country: Germany 16 of 22
Year: 2014 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 Emaze Network

Trieste, Italy

With a staff of 70, Milan and Trieste-based eMaze is the largest independent team of high-end security professionals in Italy. The firm specialises in complex IT security consulting and software development and offers outsourced real-time security monitoring services for large multinationals.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 MyOptique Group

London, United Kingdom

MyOptique Group Ltd. is an online optical segment with a full offering covering all three major segments in the eyewear market prescription glasses, contact lenses and sunglasses via its Glasses Direct, Sunglasses Shop, LensOn and MyOptique websites.

Buy -