ProSieben increased stake in Aroundhome to 94%.

German media group ProSiebenSat.1 Media’s e-commerce arm NuCom is buying control of Aroundhome, an online broker for home services and products, in a deal valued at €140m ($161m). NuCom Group, is increasing its voting shares in Aroundhome from 42% to 94%. Aroundhome previously operated under the name Käuferportal and was renamed on January 2, 2019. The 52% stake increase is made up of voting shares held by General Atlantic (42%) as well as of the founders Mario Kohle (8%) and Robin Behlau (2%). General Atlantic, which held 25.1% in the NuCom Group, exchanges its Aroundhome shares for a further interest in NuCom, now holding 28.4%. Founder Mario Kohle withdraws from the company with the sale of his shares. Robin Behlau retains 6% of voting shares and continues to manage the company. Max Conze, CEO of ProSiebenSat.1 Media SE: “With the increase in Aroundhome shares, we now hold a majority stake in all of our commerce companies. This represents a strategically important milestone. We believe that based on organic growth and our successful acquisition activities, we will increase sales this year to around 1 billion euros. By 2023, we aim to achieve revenues of €2bn ($2.3bn) with the NuCom Group."