Investment Summary |
|
|---|---|
| Date | 2023-11-16 |
| Target | Global Blue |
| Sector | Financial Services |
| Investor(s) | Tencent Holdings |
| Deal Type | Stake Purchase |
| Advisor(s) | J.P. Morgan Securities Deutsche Bank Corporate & Investment Banking (Financial) Simpson Thacher & Bartlett Niederer Kraft & Frey (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Internet Software and Services |
| Employees | 111,221 |
| Revenue | 660.3B CNY (2024) |
Tencent is a provider of a comprehensive range of Internet and wireless value-added services. Through its various online platforms, including Instant Messaging QQ, web portal QQ.com, the QQ Game platform under Tencent Games, multi-media social networking service Qzone and wireless portal, Tencent services the largest online community in China and fulfills the user's needs for communication, information, entertainment and e-Commerce on the Internet. Tencent has three main streams of revenues: Internet value-added services, mobile and telecommunications value-added services and online advertising. Tencent Holdings was founded in 1998 and is based in Shenzhen, China.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 15 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 7 of 7 |
| Country: Switzerland M&A | 2 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-25 |
Sumo Group
Sheffield, United Kingdom Sumo Group provides acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, Canada, and the US. Sumo Group was founded in 2003 and is based in Sheffield, England. |
Buy | $1.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-18 |
Global Blue
Signy-Avenex, Switzerland Global Blue is an international provider of travel-related financial services. The company offers a seamless shopping and payment journey for tourists. Also, it provides a wide range of added-value payment solutions for all the stakeholders involved, including retailers and international shoppers. Global Blue was founded in 1980 and is based in Signy-Avenex, Switzerland. |
Sell | $2.5B |
