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Deloitte advises CentralNic Group plc on the successful investment in VGL Verlagsgesellschaft mbH Group (Vergleich.org)

CentralNic Group plc (AIM: CNIC), the global internet platform company generating recurring revenues from the sale of online presence and marketing services, has invested in VGL Verlagsgesellschaft mbH, Berlin, Germany, valuing the business at an enterprise value of EUR 60 million.

A multidisciplinary team from Deloitte and Deloitte Legal respectively advised CentralNic on tax, financial valuation, as well as on all legal matters, including data analytics-based SEA/SEO analysis, and all legal matters, including contract negotiation.

Adrian Chung, Head of Corporate Finance of CentralNic, commented: "The seamless integration between Deloitte’s multidisciplinary team was instrumental in providing us with structured analysis and valuable transaction advisory support throughout the investment process.

CentralNic is a London-based, AIM-quoted company that drives the growth of the global digital economy by developing and managing software platforms that enable businesses worldwide to purchase domain name subscriptions for websites and email, monetize their websites and acquire customers online. The company operates globally and generates recurring revenue from the worldwide sale of Internet domain names and other services on an annual subscription basis.

VGL is known to the wider public under the URL "Vergleich.org" and its various special web pages and sees itself as a service for the consumer in order to simplify purchasing decisions for consumers. In doing so, they rely on various test sources in order to be able to make the best possible overall recommendation and to show customers corresponding offers on e.g. Amazon.

#OneDeloitte Team:
Deloitte Legal: Dr. Mathias Reif (lead legal), Boris Kröpsky, Christian Hannemann (all corporate/M&A, Cologne), Dr. Christine von Hauch (commercial, Cologne), Gerrit Neuhaus (labour law, Cologne), Adrian Merklinger (IP, Munich)

Deloitte Wirtschaftsprüfungsgesellschaft mbH: Dr Marcus Roth (Lead Tax, Munich), Thomas Funk (Tax, Munich), Dr Marcus Nibler (Lead Transaction Services, Munich), James Murphy, Mona Stapperfenne (all Transaction Services, Munich), Kristina Ganzen (M&A Analytics, Frankfurt)

 

 

Published: April 2022

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