US private equity media specialist Veronis Suhler Stevenson, alongside British Mecom Plc, has acquired German Morgenpost Verlag GmbH from former shareholders Hans Barlach and Josef Depenbrock for an undisclosed sum. The deal is the consortium's second media acquisition in Germany during the past six months following the takeover of Berliner Verlag from Stuttgart-based publishing group Georg von Holtzbrinck in October 2005.
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Sale ends a six-year holding period for KCP, which backed the company with a £3.3m investment
Danish internet company could reportedly be listed at a valuation of $1bn