San Jose, Calif. & Berlin, December 2010. eBay Inc. (Nasdaq:EBAY) today announced it has reached a definitive agreement to acquire all of the shares of brands4friends, Germany’s largest online shopping club for fashion and lifestyle, for cash at a transaction value of approximately USD 200 million (EUR 150 million). The move is designed to strengthen eBay’s position as a leading online fashion destination in Europe. eBay is the world’s leading online marketplace and a leader in online fashion sales, generating more than USD 5.4 billion in clothing, shoes and accessories merchandise volume annually.Continue Reading
October 2010. With immediate effect, PayPal and BillSAFE will be offering a joint online invoice payment solution to e-commerce customers. Corporate Finance Partners – now ACXIT Capital Partners – acted as the exclusive adviser to BillSAFE and its shareholders.Continue Reading
November 2010. amaysim is Australia’s first low cost mobile service provider and is dedicated to delivering simplicity, fairness and low prices to mobile consumers. Corporate Finance Partners – now ACXIT Capital Partners – advised the founding shareholders of amaysim Australia Pty Ltd on their capital raise.Continue Reading
October 2010. Leading service provider for interactive life advice, Questico AG (Berlin), joins forces with the market’s number two viversum GmbH (Nuremberg). The combined group aims at further internationalization and strengthening of existing business in German-speaking countries.Continue Reading
August 2010. Karlsruhe/Berlin, Germany – Frogster Interactive Pictures AG (Frogster), a leading Berlin, Germany-based publisher of Massively Multiplayer Online (MMO) games welcomes a new anchor shareholder.
August 2010. Vogel Business Media (headquartered in Wurzburg, Germany) has acquired a 25.1% stake in ngn – new generation network GmbH. The publisher of specialist industry and trade media entered into this strategic partnership in order to enlarge the company’s marketing services portfolio and plans to increase its stake in ngn at a future date. ngn will remain an independently operating business and retain its current locations in Berlin, Nuremberg and Portland (Maine), USA. Corporate Finance Partners – now ACXIT Capital Partners – acted as the exclusive adviser to ngn.Continue Reading
July 2010. Ruia Group, a dynamic and fast-growing conglomerate based in India, acquires GUMASOL-Werke Dr. Mayer GmbH & Co. KG, (Gumasol), a well established manufacturer of solid rubber tyres, rubber compounds and rubbermetal joints. The corporate finance practice of Acxit Capital Management – now ACXIT Capital Partners – acted as strategic and financial advisor for Ruia Group.Continue Reading
Luxembourg/Hamburg, 5 July 2010. Corporate Finance Partners – now ACXIT Capital Partners – acted as the exclusive financial adviser to wunderloop and its preliminary insolvency administrator Dr. Sven-Holger Undritz of White & Case in cooperation with Advantum Corporate Finance for the insolvency related issues.Continue Reading
June 2010. CFP BioConnect, the life sciences arm of the Corporate Finance Partners Group – now ACXIT Capital Partners, is pleased to announce that it has advised Minapharm Pharmaceuticals, Cairo/Egypt on the acquisition of a 95% stake in ProBioGen AG, Berlin/Germany.
March 2010. Corporate Finance Partners CFP BioConnect AG – now ACXIT Capital Partners – advises stellacure GmbH on a strategic transaction with Cord Blood America, Inc.Continue Reading