Buongiorno S.p.A. Acquires Dada.net S.p.A. for EUR28.5M
April 19, 2011
Buongiorno S.p.A. agreed to acquire 100% of Dada.net S.p.A. for EUR28.5 million plus a potential earn-out of up to EUR2.5 million. The acquisition, funded by cash and new credit lines, adds roughly 150 employees and expands Buongiorno’s mobile content capabilities and B2C market presence, particularly in North America.
- Buyers
- Buongiorno S.p.A.
- Targets
- Dada.net S.p.A.
- Industry
- Media & Entertainment
- Location
- Italy
- Transaction Type
- Buyout
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