Carlsquare advised AZUBIYO on the sale to FUNKE MEDIENGRUPPE

22 Sep 2015

Berlin, Munich, Essen – FUNKE further strengthens its portfolio of specialized online job portals and acquires AZUBIYO, the leading portal for apprenticeship training positions and cooperative education. Munich-based AZUBIYO uses an innovative matching technique similar to methods used by dating agencies to bring together people looking for a training position and companies – with more accurate results than any other comparable portal in the market. Currently, AZUBIYO offers more than 32,000 vacant apprenticeship training and cooperative education positions and has become first port of call for apprenticeship training positions and cooperative education in Germany.

Carlsquare advised the shareholders of AZUBIYO on the sale to FUNKE.

About AZUBIYO

AUBIYO GmbH was founded by Florian Schardt and Joachim Geitner in 2009 in Munich, Germany. The recruiting platform with currently 32,000 apprenticeship training positions matches pupils via a scientifically sound matching procedure with suitable employers, apprenticeship training and cooperative education positions. Furthermore, the startup runs a blog that provides information regarding related topics such as job profiles, career choices, and application processes. Downloadable information material and teaching aids for schools complement AZUBIYO’s integrative approach. With the services provided, AZUBIYO stands for an outstanding level of quality and accurately fitting recommendations at the highest stage. For further information about AZUBIYO, please visit www.azubiyo.de

About FUNKE

FUNKE MEDIENGRUPPE is on its way to become Germany’s prime media house. The focus is on two business segments: local media as well as women’s magazines and TV guides. More than 1,500 journalists and approx. 4,000 media people work at FUNKE. In Germany, the company publishes daily newspapers in Berlin, Hamburg, Lower Saxony, North Rhine-Westphalia and Thuringia. FUNKE is also among the biggest providers of magazines. At the location of every daily newspaper published by FUNKE, the group also issues the leading advertising journals. In North Rhine-Westphalia, FUNKE is a majority shareholder of local radio stations. Furthermore, the company is also active on the Austrian newspaper market. For further information about FUNKE, please visit www.funkemedien.de/en

About Carlsquare & Globalscope

Carlsquare and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. Carlsquare – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. Carlsquare is based in Hamburg and Munich with 22 employees. Globalscope has 45 members in 38 countries with more than 500 professionals worldwide. For further information about Carlsquare, please visit www.carlsquare.com.

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