Announced
Financials
Tags
Publishing
Private
Acquisition
Private Equity
Single Bidder
United States
Pending
content writing
Friendly
internet publishing
Minority
Domestic
Synopsis
Marondo Capital, a private equity firm, agreed to acquire a minority stake in The Textbroker Group, a content writing and publishing platform, from Kennet Partners, a private equity firm. Financial terms were not disclosed. “I am very pleased that our international team of employees can now start the coming years with the support of this new excellent partner. Thank you to everyone who has been with us over the past 17 years on our journey to becoming the world's leading content marketplace. Right from the start, Marondo was keen to become part of our wider story and I look forward to the future with such a reliable partner at our side,” Jan Becker-Fochler, Textbroker Founder.
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