Sale of leading German shopping portal billiger.de to consortium of publishing houses

  • Year
    February/2009
  • Sector
    Consumer & Retail Tech Marketplaces
  • Our Mission
    Sell-side Financial Advisor
Online price comparison portal
 

February 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 billiger.de, to a consortium of publishing houses led by yellow pages & directory publishers.

billiger.de 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, billiger.de offers comprehensive product information, such as technical specifications, historical price development & current prices, user feedback, shop information, reviews, etc. billiger.de 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 billiger.de a huge success story. We believe that this group of publishers is the perfect partner for the next phase of billiger.de’s expansion”, commented Urs Keller, Managing Director and Founder of billiger.de/solute GmbH.

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

About Drake Star Partners
 

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.

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