.
MergerLinks Header Logo

New Deal


Announced

Marondo Capital to acquire a minority stake in Textbroker from Kennet Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Publishing

Private

Acquisition

Private Equity

Single Bidder

United States

Pending

content writing

Friendly

internet publishing

Minority

Domestic

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US