Fusion Corporate Partners

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-319
 
Acquirer:  Modern Times Group MTG AB
ACQ Web:  http://www.mtg.se
Location:  Sweden, Stockholm
Region:  Europe
Description:  Modern Times Group is an international entertainment broadcasting group with the second largest geographical broadcast footprint in Europe. MTG’s Viasat Broadcasting is the largest free-TV and satellite premium pay-TV operator in Scandinavia and the Baltics, and also operates free-TV channels in the Czech Republic, Hungary, Slovenia Bulgaria, Macedonia and Ghana. MTG’s TV assets are broadcast in a total of 30 countries and have 125 million viewers. MTG is also the major shareholder in Russia’s largest independent television broadcaster (CTC Media – Nasdaq: CTCM), and the number one commercial radio operator in the Nordic and Baltic regions.
Category:  Media, Entertainment, Television
Contact 1:  Hans-Holger Albrecht, President and CEO
Contact 2:  Mathias Hermansson, Chief Financial Officer
Contact 3:  Anders Nilsson, Chief Operating Officer & CEO MTG Online
 
Vendor:  Continental Media S.A.
Vendor Web:  http://www.raduga-tv.tv
Business Sold: Raduga Holdings S.A.
Location: Russia
Region:  Europe
Description:  Raduga is the sole owner of LCC DaoGeoCom, which operates Russian nationwide DTH satellite pay-TV platform Raduga TV. Raduga TV was launched in February 2009 and had 70,000 active subscribers as at 31 December 2009. The platform offers a package of more than 50 TV channels, including a wide range of Russian channels, as well as the localised versions of leading international channel brands.
Category: Television
 
Aprox. Value:  Undisclosed
 
Details:  Modern Times Group MTG AB has acquired 50% of Raduga Holdings S.A. from Continental Media S.A. for an undisclosed consideration in cash.The remaining 50% interest in Raduga has been retained by Continental Media S.A. The two owners will share management control of Raduga, which will be proportionately consolidated by MTG and reported in the Group’s ‘Pay-TV Emerging Markets’ business segment within the Viasat Broadcasting business area.
 
Link: Press Release

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-317
 
Acquirer:  Almaz Capital
ACQ Web:  http://almazcapital.com 
Location:  Russia, Moscow
Region:  Europe
Description:  Almaz Capital Russia Fund I is managed by Almaz capital and sponsored by Cisco, UFG and EBRD
Category:  Fund
Contact 1: Serguei Beloussov, Ph.D.
Contact 2: Pavel Bogdanov, Ph.D.
Contact 3: Yuriy Fedorov
Contact 4: Alexander Galitsky, Ph.D.
Contact 5: Peter Loukianoff
Contact 6: Charles Ryan

Vendor:  Finam Capital
Vendor Web:  http://www.finamcapital.com/alavar.html
Location:  Russia, Moscow
Region:  Europe
Business Sold: Alawar Entertainment  
Description:  Founded in 1999, Alawar Entertainment has over ten years of experience in the development, publication and distribution of casual games. In 2004, Alawar entered the Eastern European market and became the first company to sell casual games to Russian-language consumers. The company’s catalog currently includes around 250 globally popular casual games.
Category: Online Games
Contact:  Andrew Postnikov, COO

Aprox. Value:  $3,000,000 for 23% equity
 
Details:  According to Quintura,  Almaz Capital Russia Fund I has invested about $3 million for a 23% stake in the Eastern European casual games company, Alawar Entertainment. The 15% stake was purchased from Finam Capital Partners and the other 8% was purchased from business angel investor, Elcomsoft President, Alexander Katalov.
 
Link: Quintura Blog

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The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 

ACQUISITION 
FDN Database Reference:  F231109-315
 
Acquirer:  Associated Northcliffe Digital
ACQ Web:  http://www.and.co.uk 
Location:  UK, London
Region:  Europe
Description:  AND works  with the newspaper divisions of A&N Media to extend their services online and through other digital channels. The portfolio includes the newspaper companion sites of A&N Media’s national and local newspapers, including Mail Online, Standard.co.uk and Metro.co.uk, and the ‘this is’ network of sites. They also publish a range of digital magazines, including This is Money.They also operate in online classified markets – recruitment, property, motors, and dating.
Category:  Media
Contact 1:  Richard Titus, CEO of AND
Contact 2:  Mark Milner, CEO of TDPG 
 
Vendor:  BytePlay
Vendor Web:  http://ww.byteplay.com/blog
Location:  UK, London
Region:  Europe
Business Sold: Dothomes.co.uk and Extate.co.uk, domain names only
Description:  Property search engine based on an advertising revenue model that enables US, UK and South African readers to search property Websites. DotHomes employs an advertising business model.
Category: Property, Search
Contact 1:  Douglas de Jager,Co-Founder
Contact 2:  Artemi Krymski, Co-Founder  
 
Aprox. Value:  Undisclosed
 
Details:  Following on from it’s acquisition of Globrix (see Fusion DigiNet Database Reference F231109-306) Associated Northcliffe Digital has bought the domain names (but not the businesses themselves) of Dothomes and Extate. All traffic is being redirected to FindaProperty.
 
Link: Estate Agent Today

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

ACQUISITION 
FDN Database Reference:  F231109-306
 
Acquirer:  Associated Northcliffe Digital
ACQ Web:  http://www.and.co.uk
Location:  UK, London
Region:  Europe
Description:  AND works  with the newspaper divisions of A&N Media to extend their services online and through other digital channels. The portfolio includes the newspaper companion sites of A&N Media’s national and local newspapers, including Mail Online, Standard.co.uk and Metro.co.uk, and the ‘this is’ network of sites. They also publish a range of digital magazines, including This is Money.They also operate in online classified markets – recruitment, property, motors, and dating.
Category:  Media
Contact 1:  Richard Titus, CEO of AND
Contact 2:  Mark Milner, CEO of TDPG 
 
Vendor:  Globrix
Vendor Web:  http://www.globrix.com
Location:  UK, London
Region:  Europe
Description:  UK’s largest free-to-list property search engine
Category: Property
Contact:  Daniel Lee, CEO
 
Aprox. Value:  Undisclosed
 
Details:  AND, the digital consumer division of A&N Media (part of DMGT plc) and parent of The Digital Property Group (TDPG), has acquired 50% of Globrix. The UK property portal will join the TDPG network. AND will also support the management of Globrix to expand its existing platform, to provide fully hosted portals to international media partners.  Globrix already powers Globrix.ie in a strategic partnership with Independent Newspapers Ireland and is in discussions with a number of other parties internationally.  AND will provide capital, immediate credibility and access to international media partners that will accelerate this business venture.
 
Link: Press Release

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website

FUND RAISING 
Database Reference:  F231109-331
 
Business:  SocialGo (owned by Bright Things PLC)
Web:  http://www.socialgo.com     TWITTER     BLOG
Location:  United Kingdom, London
Region:  Europe
Business description:  Founded in 2007, SocialGO provides a build your-own social network platform. It is tailored to the needs of businesses and organizations for the monetization, ownership, control and customization of content and membership.
Category: Social Network, Technology
Contact 1:  Dominic Wheatley, CEO, Bright Things
Contact 2:  Stephen Hardman, Director, GOWIT and SocialGO
Contact 3:  Alex Halliday, Director, GOWIT and SocialGO  
Contact 4:  Vikrant Bhargava, Veddis Ventures
 
Investors:  Veddis Ventures

Amount raised:  $800,000 
 
Details:  Bright Things plc has announced that its flagship venture, SocialGO has received an $800K investment from Gibraltar-based Veddis Ventures. Vikrant Bhargava of Veddis Ventures has joined the board as a non-executive director. In addition, Bright Things has acquired Get On With It (GOWIT) Ltd., which has been providing development and support services for SocialGO since 2007. GOWIT directors Stephen Hardman and Alex Halliday will also join the board as joint managing directors.

Link:  Press Release

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 FUND RAISING 
Database Reference:  F231109-330
 
Business:  Spartoo
Web:  http://www.spartoo.com
Location:  France, Paris
Region:  Europe
Business description:  Internet footwear sales with over 600 000 regular customers and over 4 million unique visitors (Nielsen, November 2009). Spartoo.com operates in France, Belgium, Luxembourg, the United Kingdom and Italie.
Category: Retail
Contact 1:  Boris Saragaglia, co-founder and CEO, Spartoo.com
Contact 2:  Paul Lorne, co-founder
Contact 3:  Jérémie Touchard, co-founder
Contact 4:  Fergal Mullen, General Partner, Highland Capital Partners
Contact 5:  Bernard Vogel, Managing Partner, Endeavour Vision
 
Investors:  Led by Highland Capital Partners and Endeavour Vision, who have been joined by existing investors A Plus Finance  and CM-CIC Capital Privé.
  
Amount raised:  € 12,000,000 
 
Details:  Spartoo.com, the European internet footwear retailer has closed on a €12 million Series B round of financing to accelerate growth and reinforce its position in Europe. The company was formed 3 years ago.

Link:  Press Release