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New Deal


Announced

Prosus to acquire Stack Overflow for $1.8bn.

Financials

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Transaction Value£1,271m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

q&a website

Online and Social Platforms

Private

Single Bidder

Majority

coding forum

Cross Border

Pending

Friendly

coding platform

Acquisition

Private Equity

Synopsis

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Prosus, a global consumer internet group, agreed to acquire Stack Overflow, a knowledge-sharing platform for the global community of developers and technologists, for $1.8bn. "We are excited to be joining the Prosus family, which catapults us into a new phase of growth and allows us to expand and accelerate Stack Overflow’s impact around the world. Prosus’s expertise growing and nurturing communities, especially in a global context, will make our public platform even more invaluable in helping developers and technologists learn and grow," Prashanth Chandrasekar, Stack Overflow CEO.

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