M&A Deal Summary

TBauctions Acquires Surplex

On August 7, 2024, TBauctions acquired internet software and services company Surplex

Acquisition Highlights
  • This is TBauctions’ 2nd transaction in the Internet Software and Services sector.
  • This is TBauctions’ 1st transaction in Germany.

M&A Deal Summary

Date 2024-08-07
Target Surplex
Sector Internet Software and Services
Buyer(s) TBauctions
Deal Type Add-on Acquisition

Target

Surplex

Dusseldorf, Germany
Surplex is an online solutions provider for asset recovery. Surplex helps companies and traders to buy and sell used machines more efficiently and offers complete solutions for asset recovery. Surplex is based in Dusseldorf, Germany.

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Buyer(S) 1

Buyer

TBauctions

Amsterdam, Netherlands

Category Company
Sector Internet Software and Services
DESCRIPTION

TBAuctions is an online auction platform and marketplace for second hand and second chance goods. The company auctions movable and immovable goods on behalf of third parties through ATLAS, its proprietary IT platform for intelligent auctioning (IA). TBAuctions is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-17 PS Auction

Svenljunga, Sweden

PS Auction is a digital auction platform that facilitates the reuse of both second hand and new machines, tools, electronics, furniture, and consumer products. PS Auction has been active within bankruptcy auctions and has always been keen on digitalizing their offering. PS Auction was founded in 1958 and is based in Svenljunga, Sweden.

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