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Announced

Alma Media Group to acquire the remaining 35% stake in Alma Mediapartners from Arena Partners for €53m.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned65%
Capital Bid For35%
EV/Sales6x
EV/EBITDA14.56x
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Single Bidder

Acquisition

Private

Friendly

Finland

software development

Domestic

Pending

Majority

Private Equity

Synopsis

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Alma Media Group, a digital service business and media company, agreed to acquire the remaining 35% stake in Alma Mediapartners, a digital solutions firm, from Arena Partners, a classified advertisements provider, for €53m ($65m). Simplifying the ownership structure will support the development of Alma Media’s marketplace business related to housing and cars in line with the strategy.

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