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New Deal


Announced

Candid to acquire De Media Maatschap.

Financials

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

Tags

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Acquisition

Cross Border

Private

Pending

Merger

Netherlands

Majority

Media Agencies

media company

Friendly

Single Bidder

Synopsis

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Candid, a media agency, agreed to acquire De Media Maatschap, a media company in Amsterdam. Financial terms were not disclosed. "With M2Media, BBK and STROOM we already had a strong and growing position for media strategy, planning and buying. The addition of De Media Maatschap and the merger with STROOM is a strategically important step for us as it further accelerates our growth. As a result we are moving to an even stronger position in the Dutch market in terms of our market share in media investment management," Rudiger Wanck, Candid CEO.

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