FINANZEN.NET acquired by INFLEXION
Context
Inflexion has agreed to acquire a majority stake in Finanzen.net Group from the media conglomerate Axel Springer. The transaction is structured as a carve-out, separating the financial portal and brokerage business from the parent company to operate as a standalone platform. The founders will retain a significant stake and continue to lead the business. Strategically, Inflexion aims to accelerate the growth of the "Zero" neobroker division by cross-selling to the portal's massive audience, effectively converting media traffic into trading customers. The plan also includes launching new savings and investment products to rival competitors like Trade Republic.
FINANZEN.NET, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
Target
Headquartered in Karlsruhe, Finanzen.net Group is a leading financial ecosystem in the DACH region. It operates three main divisions: (1) Finanzen.net, the region's largest capital markets information portal (35m+ monthly visits)
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Similar deals in TMT (Tech, Media, Telecom)
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 07/2025 | EQT PARTNERS | ADEVINTA SPAIN | SPAIN | Media & Internet | Adevinta’s Spanish classifieds business has been acquired by EQT AB. The transaction concludes a multi‑month process that began after Adevinta announced its intention to divest the Spanish unit to sharpen its focus on core European markets. The sale includes the six operating platforms—Infojobs, Fotocasa, Habitaclia, Milanuncios, coches.net and motos.net—together with associated technology assets, staff and commercial contracts. The agreement was signed in July 2025 and follows earlier strategic moves by Adevinta to streamline its portfolio and by EQT to deepen its exposure to the consumer internet sector |
| 02/2025 | ANDERA PARTNERS | GROUPE CDS | FRANCE | Media & Internet | Andera Partners acquires a majority stake in CDS Groupe, the French champion of business hotel booking solutions. This secondary LBO marks the exit of historical investors Siparex and Bpifrance. Ziad Minkara, the CEO, remains at the helm. With Andera's backing, CDS aims to accelerate its international expansion (particularly in Europe, targeting Italy and Germany) and potentially pursue new acquisitions to consolidate the fragmented business travel market. |
| 10/2024 | LVMH | PARIS MATCH | France | Media & Internet | LVMH Moët Hennessy Louis Vuitton has completed the acquisition of the iconic weekly magazine Paris Match from the Lagardère group. This transaction represents the culmination of a long-held ambition for LVMH's Chairman and CEO, Bernard Arnault, who has publicly expressed his deep admiration for the magazine, viewing it as a significant piece of French cultural heritage and a premium brand. The deal followed high-level, discrete negotiations between the Arnault family and the Bolloré family, who are the controlling shareholders of Vivendi, Lagardère's parent company |
| 06/2024 | TREVISE PARTICIPATIONS / HIVEST CAPITAL PARTNERS | VIDELIO | FRANCE | Media & Internet | This transaction involves a significant restructuring of the target’s capital, resulting in a newly introduced family office acquiring a controlling majority stake. The operation successfully materializes merely a few years after a previous take-private leveraged buyout. Demonstrating strong ongoing confidence, the former private equity majority owner significantly reinvests to maintain a minority position, alongside another historical institutional shareholder and the executive management team. The acquisition is robustly supported by a comprehensive senior debt package syndicated by a consortium of major banking institutions |
| 06/2024 | CINVEN | IDEALISTA | SPAIN | Media & Internet | idealista has been acquired by Cinven in a transaction that secures a controlling equity position for the private equity firm. The agreement was announced in June 2024 and is subject to regulatory clearance and customary closing conditions. Cinven identified the platform as a strategic addition to its Iberia and technology‑focused investment portfolio, noting the company’s established market presence and diversified digital service suite. The acquisition aligns with Cinven’s objective to deepen its exposure to high‑growth online marketplaces in the real‑estate sector |
| 03/2024 | SAGARD | PRIMELIS | FRANCE | Media & Internet | Sagard has emerged as the winner of a competitive auction process managed by Amala Partners and eCap Partner, acquiring a majority stake in Primelis. The transaction values the company with a premium valuation underpinned by a 40% average annual growth rate over the last five years. The financing package includes a unitranche debt provided by Eurazeo Private Debt, which is structured to potentially evolve into a senior debt with PIK (Payment-in-Kind) interest to maximize reinvestment into growth |
| 12/2023 | LATOUR CAPITAL | EUROPEAN DIGITAL GROUP (EDG) | FRANCE | Media & Internet | Latour Capital has successfully completed the capital reorganization of European Digital Group, acquiring a 30% stake alongside historical partner Montefiore Investment. This "LBO Bis" transaction, orchestrated by Lazard, was highly competitive, attracting interest from major funds such as Towerbrook and Marlin Equity Partners. The deal is strictly engineered to fuel a massive scale-up phase, aiming to quadruple the group’s revenue from €250M to €1Bn by 2028. To adequately capitalize this ambition, a senior debt package was arranged by a syndicate including CACIB, La Banque Postale, BNP Paribas, and Allianz, representing a leverage of approximately 4x EBITDA |
| 11/2023 | EMZ PARTNERS | YURI & NEIL | FRANCE | Media & Internet | EMZ Partners has successfully organized a management-sponsored buyout to support the founders of Yuri & Neil in their acquisition of majority control of the group. This strategic operation marks the beginning of a new expansion cycle for the agency, which has demonstrated a remarkable growth trajectory since its inception five years ago. To adequately capitalize this transition, a senior debt facility was arranged and fully subscribed by a banking pool consisting of Caisse d’Epargne Île-de-France (CEIDF), Société Générale, and CIC |
| 11/2023 | BLACKSTONE / PERMIRA | ADEVINTA | NORWAY | Media & Internet | Adevinta ASA is being acquired by Blackstone Inc. and Permira Advisers LLP in a joint transaction announced in November 2023. The deal follows a competitive process that concluded after the companies received regulatory clearance in key jurisdictions. Closing is anticipated in the fourth quarter of 2023, subject to customary closing conditions and final shareholder approvals. The acquisition results in a change of control from eBay Inc., which previously held a significant stake. The transaction aligns with Blackstone’s objective to expand its exposure to high‑margin digital platforms that generate recurring advertising revenue |
| 06/2023 | TOWERBROOK / BANIJAY GROUP | THE INDEPENDENTS | FRANCE | Media & Internet | The Independents finalized a $400 million fundraising round led by TowerBrook and FL Entertainment, representing a massive secondary leveraged growth operation. This investment, which followed a successful debt financing round led by BIL, Société Générale, and others, is intended to accelerate the group's international expansion and acquisition strategy. The group's ambition is to more than double in size by 2025. The deal allowed for the exit of Cathay Capital while providing the financial backing for the group to further consolidate its position as a "one-stop-shop" partner for iconic luxury brands worldwide |
REFERENCES
Valuation range: EV 300M - 700M EUR
EBITDA range: 10M - 30M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FINANZEN.NET by INFLEXION are reserved for mynth community members. Register for free to unlock full data.
Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: finanzen.net
Acquirer: inflexion