Axel Springer and Purplebricks acquired Homeday.

Axel Springer, the largest digital publishing house in Europe, and Purplebricks, a British online estate agent, acquired German online real estate broker Homeday. Financial terms were not disclosed. In the course of the investment, Dr. Andreas Wiele, President Classifieds Media Axel Springer SE, and Michael Bruce, CEO Purplebricks, each take a seat on the Advisory Board of Homeday.