Düsseldorf, 16. Februar 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), a leading software company for platform solutions, is pushing ahead its acquisition strategy with the complete takeover of Hood Media GmbH (“Hood”).
Founded in 1999, the Cologne-based company Hood with its platform Hood.de is one of the 10 largest marketplaces in Germany with more than 4,900 active retailers in over 20 product categories. Hood will be part of TPG’s “Consumer Goods” segment in future.Dr. Dominik Benner, CEO der The Platform Group AG:“We are pleased that Hood will be part of TPG in the future and that we will gain another 4,900 active retailers. Hood is a platform with a long history. Our objective is to actively evolve Hood.”
The takeover will be financed from TPG’s own funds. The parties have agreed not to disclose the purchase price. The transaction is expected to be closed by the end of February 2024. Im laufenden Jahr plant The Platform Group AG die Akquisition von 3-8 Unternehmen, sowohl im B2B- als auch im B2C-Bereich.
