Sale of leading German shopping portal to consortium of publishing houses

  • Year
  • Sector
    Consumer & Retail Tech Marketplaces
  • Our Mission
    Sell-side Financial Advisor
MUNICH | February 2nd, 2009 – SevenOne Intermedia, the multimedia division of ProSiebenSat.1 Group, together with management and founders have sold 91% of the shares in solute GmbH, operator of leading German social shopping portal, to a consortium of publishing houses led by yellow pages & directory publishers. is the best-known shopping portal and provides one of the most comprehensive product offerings in Germany: 28 product categories cover more than 10 million products from over 1,800 direct partner online shops. In addition, offers comprehensive product information, such as technical specifications, historical price development & current prices, user feedback, shop information, reviews, etc. increased its number of unique users by 22% in December 2009 making it Germany’s leading price comparison site, according to Nielsen.

“Over the last years, we have generated strong, profitable growth, making a huge success story. We believe that this group of publishers is the perfect partner for the next phase of’s expansion”, commented Urs Keller, Managing Director and Founder of GmbH.

Jupiter Capital Partners advised ProSiebenSat.1 Group, SevenOne Intermedia, and management of solute on this transaction.

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