.
MergerLinks Header Logo

New Deal


Announced

Completed

Keensight-backed Smile Group completed the acquisition of creativestyle.

Financials

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

Tags

Edit

E-commerce

e-commerce

Private Equity

Completed

Majority

Friendly

Single Bidder

Acquisition

Private

Germany

Cross Border

Synopsis

Edit

Keensight-backed Smile Group, a platform that builds internet businesses through incubation, completed the acquisition of creativestyle, an e-commerce agency. Financial terms were not disclosed. “Entering the German market is key to strengthening Smile’s leadership in the open-source industry in Europe and we believe that building a European open-source digital champion strongly benefits our clients and partners. creativestyle has demonstrated a fast industrial growth, especially thanks to its Polish capacities and its straightforward, high-level expertise. Smile & creativestyle share a similar company culture and mindset which have been key in building this partnership. We are looking forward to working with creativestyle’s outstanding managers & teams," Marc Palazon, Smile Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US