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Announced

Completed

Studytube completed the acquisition of Springest from FD Mediagroep.

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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Software

Domestic

Acquisition

Single Bidder

Completed

Friendly

Majority

Netherlands

Private

educational software

Synopsis

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Studytube, a developer of an online learning platform, completed the acquisition of Springest, a developer of an educational course comparison platform, from FD Mediagroep, a media company. Financial terms were not disclosed. "Springest offers companies and their employees the most complete range of training in Europe. Combining this database with Studytube's online learning platform not only allows our customers to search and book courses, but they can now organize and manage everything very easily in one place. By combining the forces of Springest and Studytube, a complete training partner is created for the business community that is ready for the future," Ruben Timmerman, Springest CEO.

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