TIME TO CARE: FLACONI REPOSITIONS ITSELF AND BECOMES AN ONLINE RETAILER FOR BEAUTY AND SELF-CARE

Berlin, 02.06.22 – At flaconi, all signs point to self-care: With the new claim “time to care”, flaconi not only heralds its brand relaunch, but also shows its change of direction from a classic beauty retailer to a holistic self-care provider.

CEO Christoph Honnefelder, explaining flaconi's new vision

CEO Christoph Honnefelder, explaining flaconi's new vision

“The beauty market has changed more in the last five years than in previous decades. For us, a classic ideal of beauty is no longer in keeping with the times, but has been replaced by a very individual understanding of well-being and beauty. Our goal is to offer our customers a beauty and self-care experience that inspires them and ultimately enables them to lead happier and healthier lives.

To achieve this, the online retailer’s extensive range will be successively expanded to include new self-care brands and existing categories such as home spa, beauty tools and supplements will also be expanded.

Benjamin Ludigs, CDO and COO of flaconi

Benjamin Ludigs, CDO and COO of flaconi

“For us, a holistic self-care experience does not end with the product range, but should be noticeable whenever our customers come into contact with flaconi. Whether through personalised offers, inspiring content on our social media channels or an all-round positive buying process. We will continue to develop the areas of customer intimacy, beauty experience and e-commerce excellence in the coming years.”

The joy of radical self-care: brand relaunch with 360° brand campaign

The flaconi brand department has developed the strategy and positioning for the brand relaunch, which centres on a new, strong brand narrative: “The joy of radical self-care”.

Marie-Luise Frickel, VP Brand, summarising flaconi's mission

Marie-Luise Frickel, VP Brand, summarising flaconi's mission

“We believe that self-care is often misunderstood and associated with even more pressure, to-dos and little joy. We want to reinterpret the term self-care and free it from its dogma of having to follow a certain pattern or being perceived as just another to-do on our list. We also go one step further and believe that if you take care of yourself, it empowers you to do good for others. We want to create more awareness for the topic of self-care and its positive effects, which is why we also decided on a new claim with a clear attitude.”

The brand relaunch is accompanied by a 360° campaign, for whose conception and creation flaconi commissioned the creative agency David+Martin Berlin (“Agency of the Year” 2020). “The basic creative idea was quickly clear to us: we want to show that self-care is fun and doesn’t have to follow any rules at all,” explains creative director Ricardo Distefano. “To do this, we used a motif that is very popular in social media: sound vs. visual. We let words ironically and humorously meet contradictory images and thus create an exciting break that stays in the mind,” adds Viktoria Zielinski, Account Director at David+Martin. The result of the visual realisation, for which the production company BWGTBLD is responsible, is impressive. Bold statements such as “care for hair, not opinions”, “a lot of self, more love” or “if you want to be beautiful, you can do anything” send a clear message in combination with strong images: for flaconi, self-care is free of paradigms and stands for fun, freedom, ease and individuality. In addition to the five key visuals and other different (moving) image formats, this is once again taken to the extreme in the new TV spot, which was directed by Caroline Koning and will go on air for the first time on 6 June. Here, too, sound and image form a disruptive contrast: in the voice-over, sung by singer Enya El, beauty paradigms are put into space, which are charmingly broken up with contradictory scenes. The 360° marketing campaign starts on June 6 and includes the new TV spot, owned and paid social media, digital out-of-home advertising, advertorials, onsite campaigns, CRM and PR measures as well as a dedicated landing page.

Time to care - new claim, new look

With the relaunch flaconi also gets a new claim: “time to care” is both a reminder – to take your time – and a call-to-action – it’s time for conscious self-care moments. This makes it the perfect bracket for flaconi’s new positioning as a go-to shop for individual self-care rituals,” explains Marie-Luise Frickel. The new claim complements the logo, which has also undergone a makeover and now appears more modern, airy and dynamic thanks to the slightly italic cut and increased lowercase height as well as wider letter spacing. flaconi’s own graphics department has also created a new, fresh corporate design for the relaunch. The visual language focuses on naturalness, authentic personalities, real self-care moments, product applications and textures. Soft colours and clear fonts create a modern, elegant, relaxed look. Image data is available for download at this link.

About flaconi

flaconi is one of the leading online beauty retailers in Germany. The online shop’s comprehensive portfolio consists of over 900 international brands and 60,000 products. With the categories perfume, make-up, skin and hair care as well as tools, accessories and dietary supplements, flaconi covers all product segments from the luxury and premium segment to derma and natural cosmetics to the drugstore segment.

flaconi was founded in 2011 and employs around 700 people from 62 nations at its headquarters in Berlin-Charlottenburg and its logistics centre in Halle.
With the flaconi concept store in the historic Tuteur Haus in Berlin-Mitte, flaconi is also represented in stationary retail and offers its customers a select range of niche and premium brands as well as an integrated hair salon.
The online shop has won numerous awards and is represented in Germany, Austria, France and Poland.

Berlin, November 24, 2021 – flaconi, one of the leading online retailers for beauty in Germany, is reorganizing its management team from January 2022: Christoph Honnefelder, Chief Commercial Officer since the summer of 2020, will take over as CEO of the of the Berlin-based beauty player. Benjamin Ludigs, since 2019 Chief Revenue Officer since 2019, will in future be Chief Digital Officer and Chief Operating Officer. Product and Tech even more closely with the customer experience.

The change in flaconi’s management team follows the decision of Dr. Steffen Christ and Kathrin Nusser to leave the online retailer by best mutual mutual agreement and at their own request at the end of the month and at the end of March March 2022, in order to pursue new professional and private challenges. challenges. Kathrin Nusser, Managing Director and CFO, and Dr. Steffen Christ, Managing Director and COO, strengthened the management of flaconi since 2017 and significantly shaped the success story and culture of the e-commerce company significantly. Together with Benjamin Ludigs and Christoph Honnefelder, they were able to continue the positive development of the ProSiebenSat.1 subsidiary continuously. The milestones of their include revenue growth of 48 percent in 2020, 2.3 million active customers, and the million active customers, the commissioning of the state-of-the-art logistics center in Halle or the opening of the new headquarters in Berlin.

Christoph Honnefelder, Chief Commercial Officer, flaconi

Christoph Honnefelder, Chief Commercial Officer, flaconi

“On behalf of the entire flaconi team, I would like to express my sincere gratitude to Steffen and Kathrin and wish them all the best for their future careers and, of course, personally. all the best! Not least thanks to the flaconi has established itself as a strongly growing and leading player in the and leading player in the German beauty market. I am looking forward to the next chapter of this success story.”

flaconi’s management team will be complemented by the appointment of a new CFO.

About flaconi

flaconi is one of the leading online beauty retailers in Germany. The comprehensive portfolio of the online shop consists of over 900 international brands and 55,000 products. With the categories perfume, make-up, skin and hair care, tools hair care, tools, accessories and dietary supplements, flaconi covers all product segments from drugstore to natural cosmetics to premium, covers all product segments. flaconi was founded in 2011 and employs at its headquarters in Berlin-Charlottenburg and at its logistics center in Halle, Germany, it employs over 450 people from 47 nations. With the Flaconi Concept Store in the historic Tuteur Haus in Berlin-Mitte, flaconi is also represented in stationary retail and offers its customers a select range of niche and premium brands as well as an integrated hair salon. hair salon. The online store has won numerous awards and is represented in Germany, Austria and Poland.

Flaconi press contact

Laura Schafferschik
Team Lead Communications Management

M  +49 151 40 21 87 89
E  Laura.Schafferschik@flaconi.de

Rebecca Stefani
Communications Manager

M  +49 170 58 60 91 8
E  Rebecca.Stefani@flaconi.de

Unterföhring, October 1, 2021 – The ProSiebenSat.1 subsidiary NuCom Group, in which General Atlantic holds a 28.4% stake, is selling all of its shares of around 98% in Amorelie (Sonoma Internet GmbH) to EQOM Group. The group, that is one of the biggest players on the market for sexual wellness in Europe, also acquires the further around 2% held by the founder Lea-Sophie Cramer. After ProSiebenSat.1 Group having developed the profile and strength of the brand Amorelie via TV advertising, it is now no longer the best owner with regard to the further internationalization and thus the next development step of the company. ProSiebenSat.1 focuses on its investments that can be further developed through synergies with the Entertainment business and thus increase the value of the entire Group.

Amorelie was founded in Berlin in 2013 and is now one of the leading German online shops for sensual lifestyle and erotic products. Besides Germany, the company is also represented in Austria, Switzerland, France and Belgium. Following a media-for-equity investment in 2014, ProSiebenSat.1 acquired a majority stake in Amorelie in 2015 and expanded its share to around 98% in 2018. Since then, Amorelie has been part of the portfolio of NuCom Group, in which ProSiebenSat.1 holds a majority stake with General Atlantic being the minority investor, and since January 2021 of ProSiebenSat.1’s Commerce & Ventures segment. Through the successful use of TV advertising on the Group’s entertainment platforms, Amorelie has been able to significantly expand its market position and increase brand awareness of its products over the past seven years. In addition, ProSiebenSat.1 has supported Amorelie with operational know-how in building up its own brands as well as its presence in offline retail. In order to build on the established brand recognition in the future, an advertising partnership with Amorelie was concluded as part of the transaction.

Friedrich Thoma, CEO of the segment Commerce & Ventures of ProSiebenSat.1

Friedrich Thoma, CEO of the segment Commerce & Ventures of ProSiebenSat.1

Our media power was essential to build the Amorelie brand in the German-speaking region of Germany, Austria and Switzerland. We are now continuing our active portfolio management, which includes acquisitions as well as divestments – especially if ProSiebenSat.1’s contribution to the next development step is limited. It has been a great pleasure to accompany Amorelie on this journey and we wish the company every success for the next stage.

Eric Idema, CEO of EDC Retail and Chairman of the Board of Directors of EQOM Group

Eric Idema, CEO of EDC Retail and Chairman of the Board of Directors of EQOM Group

We are very pleased with Amorelie’s joining the EQOM Group. By joining forces, we can continue to grow together. The success formula of Amorelie comes from its great appearance. The company is known for its female-friendly approach to sexual wellness. The products they carry are colorful and stylish and the way in which the subject is discussed also has tremendous added value for us.

Claire Midwood, CEO of Amorelie

Claire Midwood, CEO of Amorelie

ProSiebenSat.1 and General Atlantic have had a decisive influence on the development of Amorelie. Especially through TV advertising in the DACH region, we built up the strong positioning of Amorelie that we see today. On behalf of the entire Amorelie team, I would like to thank ProSiebenSat.1 and General Atlantic for their support. Having focused on the DACH region, we now want to turn our attention to further focus on new markets within Europe and are looking forward to working with EQOM Group in securing future growth opportunities.

The sale of Amorelie is subject to approval by the relevant antitrust authorities. The closing of the transaction and the subsequent deconsolidation are expected for the second half of the fourth quarter of 2021

ProSiebenSat.1 Media SE

As a digital group, ProSiebenSat.1 combines leading Entertainment brands with a with a strong Dating and Commerce & Ventures portfolio under one roof. We are consistently digitizing our TV business and at the same time using our entertainment strength to further expand our digital business areas. With this Group set-up, the company is continuously driving forward its diversification using its own strength. We offer the best entertainment – whenever, wherever and on any device. From campfire formats like “The Masked Singer” to successful in-house productions like “Germany’s next Topmodel – by Heidi Klum”. We can address over 45 million TV households in Germany, Austria and Switzerland with our 15 free and pay TV channels. In addition, we reach around 33 million unique users every month with online offerings marketed by ProSiebenSat.1. At the same time, we use our expertise in brand building for our two other business segments: With ParshipMeet Group, we have created a leading global player in the dating segment, that will significantly support our future growth. With our investment and commerce activities, we build digital consumer brands using our TV reach and advertising power and turn them into market leaders in their respective industries. We are a strong growth partner for digital companies. Behind ProSiebenSat.1 are more than 8,200 employees, who entertain and delight our audience and customers with great passion every day. www.prosiebensat1.com

Amorelie

As one of the leading brands for love life, AMORELIE has revolutionized an entire industry since its founding in 2013 and helped to make dealing with topics such as sensuality and sexuality a matter of course. Now AMORELIE is going one step further and wants to encourage all people to try new things and to talk openly and honestly about their desires and preferences. Our mission: Sexually fulfilled people everywhere! AMORELIE is leading the next movement for positive social change with “Sex Your Way”. A movement that helps everyone experience pleasure, equality, open-mindedness and satisfaction in their sex lives. https://www.amorelie.com/

General Atlantic

General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Atlantic combines a collaborative global approach, sector specific expertise, a long-term investment horizon, and a deep understanding of growth drivers and management teams to build market-leading businesses worldwide. General Atlantic has more than 175 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore. www.generalatlantic.com

Munich, July 7, 2021 – Effective July 1, 2021 – Florian Geuppert has taken over as CEO of Stylight. The world‘s leading online search platform for fashion, beauty and home & living is part of the NuCom Group portfolio as well as the Commerce & Ventures segment of the ProSiebenSat.1 Group and records more than 120 million users annually in 16 markets. Geuppert succeeds Julian von Eckartsberg, who has decided to pursue new professional challenges after three years as Stylight CEO.

Florian Geuppert, who holds a degree and a PhD in Business Administration from the University of St. Gallen (CH), has many years of experience as CEO of emerging digital companies. Most recently, he was CEO of the Digital Content Group, part of the Holtzbrinck Group, and in this role was responsible for digital companies such as gutefrage, NetDoktor, epubli/neobooks and the specialist marketer of programmatic advertising highfivve. Previously, Geuppert was Managing Director of BoD Books on Demand and CFO of FriendScout24. He began his career at T-Online.

Florian Geuppert, CEO Stylight

Florian Geuppert, CEO Stylight

As a global platform, Stylight is in a dynamic and fast-growing market environment. I am very pleased to build on the current positive development and to further accelerate Stylight‘s growth together with our strong team and the support of our shareholders.

Friedrich Thoma, CEO of the Commerce & Ventures segment of ProSiebenSat.1 Group

Friedrich Thoma, CEO of the Commerce & Ventures segment of ProSiebenSat.1 Group

With Florian, we have found an excellent successor for Julian. In his previous positions, he has proven how successful and valuecreating he can be in driving digital companies forward in their transformation. I am therefore very pleased that we were able to have him as CEO of Stylight. At the same time, I would like to express my sincere thanks to Julian for his commitment over the past years. We wish him only the best for his future path.

Stylight benefits from the current and sustainable market developments of the fashion, lifestyle and home & living sectors as well as consumer behavior towards a personalized online shopping experience. Against this background, the expansion of online business is the top priority for many brands and retailers. Stylight has been able to establish itself as a leading and strong partner in this regard.

About Stylight

Stylight is the world‘s leading search platform for fashion, beauty and home & living with over 1,500 stores in 16 different countries. The platform is visited by 120 million users every year. Stylight is a 100% investment in the portfolio of NuCom Group, a joint company of ProSiebenSat.1 Group and General Atlantic. Stylight is headquartered in Munich, Germany, and has an additional office in Philadelphia, USA. For more information, please visit: www.stylight.com

Contact

Stylight strengthens management with new Chief Revenue Officer and Chief Product Officer

  • The appointment of Teresa Lopez and Damien Verichon reinforces Stylight’s mission to help national and international retailers and brands grow through qualified online shoppers.

Munich, March 30, 2021 – Stylight, the Munich-based online search platform for fashion, beauty and interiors, accessed by more than 120 million users annually in 16 markets, has appointed Teresa Lopez as CRO (Chief Revenue Officer) and Damien Verichon as CPO (Chief Product Officer). In her new role as CRO, Teresa Lopez is responsible for sales, advertising as well as marketing, while Damien Verichon takes responsibility for the product organization to expand the offering of innovative and customized product feed solutions as well as the right conversions for Stylight’s marketing clients.

Julian von Eckartsberg, CEO of Stylight:

Julian von Eckartsberg, CEO of Stylight:

“At Stylight, customers come first. This focus in product development as well as in our sales and marketing activities was key to us being able to close the past year so successfully and start 2021 just as focused. With the new setup in the management team, we are now ideally positioned for our ambitious growth targets and I am proud to see Teresa and Damien taking on their new responsibilities.”

Teresa Lopez (36) joined the Stylight team in 2013 and has been working on Stylight’s international expansion ever since. Since 2014, for example, she has been responsible for the entry into the American and now more for the company second largest market from New York.

Teresa Lopez, CRO of Stylight:

Teresa Lopez, CRO of Stylight:

“Since the COVID-19 pandemic, customer needs as well as shopping behavior have changed: The demand for online offers has grown extremely – also on the part of retailers as well as retailers. I am very excited about the new tasks and I am sure that we will be able to help our partner stores achieve their goals with the help of our sales and marketing expertise in exactly this area.”

Damien Verichon (35) has worked at Stylight since 2012 in the areas of customer and product development.

Damien Verichon, CPO of Stylight:

Damien Verichon, CPO of Stylight:

Damien Verichon (35) has worked at Stylight since 2012 in the areas of customer and product development. “I’m very proud to take responsibility for all product development in my new role. Today, more than ever, online stores have a wide variety of goals, from more traffic to better conversion to higher sales, in order to stand out from the competition. We therefore need to provide tailored solutions for these goals.”

Stylight ended 2020 with an average 32 percent increase in partner store sales and has started 2021 just as dynamically. Against the backdrop of a long-term shift in consumer behavior toward online shopping, growing online business is top of mind for many brands and retailers. Stylight’s goal is accordingly to increasingly support small and medium-sized companies on their path to digital growth.

About Stylight

Stylight is the world’s leading search platform for fashion, beauty and interior with over 1,500 stores in 16 different countries. The platform is visited by 120 million users every year. Stylight has been a 100% investment of ProSiebenSat.1 since July 2016 and in the portfolio of NuCom Group since January 2018. Stylight is headquartered in Munich, Germany, and has an additional office in Philadelphia, USA. For more information, please visit: www.stylight.de

Management change at Aroundhome: Moritz Kothe becomes CEO, Robin Behlau joins the Advisory Board

Berlin, December 10, 2020 – Moritz Kothe (41) will be the new CEO at Aroundhome, Germany’s largest intermediary for home-related products and services. The company has been part of the NuCom Group since 2016. Kothe, a native of Hamburg, will take over the position on February 1, 2021, and will lead the company until April 1, 2021, together with founder and current CEO Robin Behlau. Following this, Kothe will lead Aroundhome as sole CEO, while Behlau will move to the advisory board on April 1, 2021 and continue to support the company in this capacity.

Until the end of January, Moritz Kothe is still active in his role as CEO of the employer rating platform kununu. Under his leadership, the company developed into the leading provider of workplace insights in Europe. Today, kununu is used by every second job seeker in German-speaking countries. Previously, Kothe held leading positions at the career network platform Xing and the German retailer Tchibo, among others.

Florian Tappeiner, Co-CEO of NuCom Group:

Florian Tappeiner, Co-CEO of NuCom Group:

“With Moritz, we have found an excellent successor for Robin. Moritz has proven at kununu what entrepreneurial achievements he is capable of. I am therefore very pleased that we were able to win Moritz for Aroundhome. At the same time, I would like to express my sincere thanks to Robin. Over the past twelve years, he has built Aroundhome into a platform through which orders worth over one billion euros are brokered every year. We therefore appreciate all the more that Robin will remain with the company in his role as an advisory board member.”

Moritz Kothe, CEO of Aroundhome from February 1, 2021:

Moritz Kothe, CEO of Aroundhome from February 1, 2021:

“I am looking forward to my start in February and the cooperation with my new colleagues full of enthusiasm and motivation. Aroundhome operates in an exciting market environment that is constantly changing and still offers extremely high potential for further growth. I’m excited to help shape Aroundhome’s future and become part of this unique team.”

Aroundhome was founded in 2008 by Robin Behlau and Mario Kohle under the name Käuferportal. Today, the Berlin-based company helps millions of people find exactly the right specialist company in their area before buying a solar system, new windows or a kitchen. Up-to-date Aroundhome co-operates with over 16,000 partner companies, more than 50 products and services approximately around the house are mediated Germany far.

Robin Behlau, CEO of Aroundhome:

Robin Behlau, CEO of Aroundhome:

“Aroundhome has grown strongly in recent years and has become the first port of call for products and services around the house. Now it’s time to open a new chapter for the company: with Moritz, we have found the ideal person and I am convinced that he will continue Aroundhome’s success story. I’m looking forward to my new role as a member of the advisory board and that I can thus continue to support the company in word and deed.”

Philip Rooke (52) will become the new CEO of Jochen Schweizer mydays Group, the leading German experience platform, and a portfolio company of NuCom Group and Jochen Schweizer Beteiligungs GmbH. As of 01.04.2021, the e-commerce leader will take over from
Fabian Stich (40), who has decided to leave Jochen Schweizer mydays after nearly eight years in the experience industry to pursue new career opportunities.

Philip Rooke has more than 25 years’ experience in the consumer internet industry, and has been CEO of the Leipzig based mass customization apparel platform business Spread Group since 2011. Under Philip Rooke’s leadership, Spread Group developed from a start-up to a highly profitable international player: The group increased sales by 600 percent, expanded beyond its flagship brand Spreadshirt to include four other brands and is now active in 18 markets with 900 employees. Prior to the Spread Group, Mr. Rooke served in senior management positions at several distinguished online businesses such as Skinstore, Tesco and iVillage.

Claas van Delden, Co-CEO of NuCom Group SE:

Claas van Delden, Co-CEO of NuCom Group SE:

I would like to thank Fabian Stich for his outstanding performance at Jochen Schweizer mydays. Over the last eight years, together with his team, he has delivered consistent growth throughout the group both organically and inorganically, and has steered the company safely during the challenging period of the COVID-19 pandemic. Fabian leaves a company that finds itself in good shape to continue this strong growth and we wish Fabian all the best for the future. Philip Rooke will serve as a great successor to begin the next chapter of Jochen Schweizer mydays’ growth in becoming one of the leading experience platforms in Europe. The company and the entire Jochen Schweizer mydays team will benefit from his extensive experience in the consumer-internet sector, expertise on mobile development and internationalization skills.

Jochen Schweizer, CEO of Jochen Schweizer Beteiligungs GmbH and Shareholder of Jochen Schweizer mydays Group:

Jochen Schweizer, CEO of Jochen Schweizer Beteiligungs GmbH and Shareholder of Jochen Schweizer mydays Group:

I would like to thank Fabian and wish him all the best for his future. I am excited, that with Philip Rooke we found a great successor who will further develop the excellent performance and internationalization of the Jochen Schweizer mydays group.

Philip Rooke, CEO of Jochen Schweizer mydays Group as of 01.04.2021:

Philip Rooke, CEO of Jochen Schweizer mydays Group as of 01.04.2021:

I am honored by the opportunity to join the Jochen Schweizer mydays Group. It is a very exciting business that is well positioned to expand its services to customers and experience providers. I look forward to getting started and working alongside the talented team to drive further growth for the company in its existing and forthcoming international markets.

Fabian Stich, CEO Jochen Schweizer mydays Group:

Fabian Stich, CEO Jochen Schweizer mydays Group:

Jochen Schweizer mydays is a great company and I am very proud to have been part of the team and to accompany the group on its fantastic journey over the last eight years. My decision to leave the company was not an easy one to make, but I am ready for a new chapter in my career. With Philip Rooke and the management team, the company is in good hands to continue its success story in becoming the leading European experience platform. I would like to say a huge thank you for the incredible years I have spent working with such a fantastic team and wish everyone all the best for the future.

  • Transaction is further proof of ProSiebenSat.1’s successful strategy to establish market leaders in the B2C sector by leveraging media capabilities and thus create value for the Group
  • WindStar Medical’s enterprise value amounts to EUR 280 million, which corresponds to an adjusted EBITDA multiple of 13.6x

Unterföhring/Wehrheim, October 22, 2020: ProSiebenSat.1 subsidiary NuCom Group, in which General Atlantic is a minority investor with a 28.4% stake, is selling its entire stake of 92% in WindStar Medical Holding to Oakley Capital. The financial investor also acquires the remaining 8% currently held by minority shareholders. The enterprise value of WindStar Medical underlying the transaction is at EUR 280 million with expected 2020 revenues of EUR 127 million and an adjusted EBITDA of EUR 21 million. This corresponds to an adjusted EBITDA multiple of 13.6x.

WindStar Medical is one of the leading providers of healthcare products in Germany. The company develops and distributes high-quality medical products and over-the-counter pharmaceuticals for drugstores, supermarkets and pharmacies. The company’s product range includes successful healthcare brands such as SOS, GreenDoc and BodyMedica. In addition, Windstar Medical advises companies on the selection of their assortment of over-the-counter drugs and offers a wide range of private labels. Windstar Medical has been part of ProSiebenSat.1 since 2016. In 2018, the company became part of NuCom Group, which is majority-owned by ProSiebenSat.1 with General Atlantic as minority investor. By establishing and expanding its brand business and the successful implementation of TV advertising campaigns, the company expanded its market position considerably and significantly increased the brand awareness of its products. In order to further strengthen the brand recognition in the future, a multi-year advertising partnership with WindStar Medical was concluded as part of the transaction. Over the past few years, the Group has supported WindStar Medical’s growth by the digitalization of the business, the establishment of new sales channels and, in particular the acquisition of the over-the-counter (OTC) brand Zirkulin. The company thus increased its revenues by around 80% from EUR 70 million in 2016 to around EUR 127 million in 2020 (expectation). In this period, the enterprise value has increased by 2.4x, also taking into account the acquisition of Zirkulin.

Rainer Beaujean, Chairman of the Executive Board & Chief Financial Officer of ProSiebenSat.1 Media SE:

Rainer Beaujean, Chairman of the Executive Board & Chief Financial Officer of ProSiebenSat.1 Media SE:

We have significantly grown the awareness of the WindStar brands through advertising on our channels and platforms. This in particular enabled us to increase the enterprise value of WindStar Medical in an impressive way by 2.4x in just four years. This clearly demonstrates the added value that we can generate through synergies with our entertainment business. With this sale, we are consistently pursuing our strategy of actively managing the portfolio. In addition to value-enhancing acquisitions, such as ’The Meet Group’, this strategy also relies on divestments – especially when ProSiebenSat.1’s contribution to the next stage of growth is limited and we are no longer the best owner for a business. This allows us to focus our portfolio and leverage greater synergies. At the same time, we are able to reduce our financial leverage ratio with the proceeds from the sale, giving us more leeway to make future value-creating investments in the consumer Internet sector.

Florian Tappeiner, Co-CEO of NuCom Group SE

Florian Tappeiner, Co-CEO of NuCom Group SE:

WindStar Medical is one of the fastest growing OTC companies in Germany. Together with CEO René Flaschker and the entire WindStar team, we accelerated the brands’ growth launched new products and expanded distribution channels in recent years. It was a great pleasure to accompany WindStar Medical on this journey and we wish the company every success for the next chapter.

Peter Dubens, Managing Partner of Oakley Capital:

Peter Dubens, Managing Partner of Oakley Capital:

WindStar Medical is a unique OTC platform in a highly attractive space that Oakley is excited to be investing in, having closely followed both the development of the business and management over recent years. We look forward to working together with the team and utilising our broad expertise in digitalisation, go-to-market and M&A to help WindStar Medical accelerate its growth trajectory in Germany and international markets.

Jörn Nikolay, Managing Director of General Atlantic:

Jörn Nikolay, Managing Director of General Atlantic:

The growth of WindStar Medical and the value increase in the context of the now completed sale underline our successful partnership with ProSiebenSat.1 and NuCom Group. Our special thanks go to René Flaschker and the team. We are delighted that the company has found a good partner in Oakley Capital for the next phase of growth.

René Flaschker, CEO of WindStar Medical:

René Flaschker, CEO of WindStar Medical:

Together with NuCom Group, we have positioned WindStar Medical very well for future growth. The transaction in these highly volatile times once again underlines the attractiveness and potential of WindStar Medical. We have created a diversified product portfolio through acquisitions and ProSiebenSat.1’s marketing power – now we are ready for the next stage of growth. With our new partner Oakley Capital, we want to continue on this successful journey and drive our internationalization forward.

The sale of WindStar Medical is subject to the approval of relevant antitrust authorities. Closing of the transaction as well as the subsequent deconsolidation are expected for the fourth quarter of 2020.

  • ProSiebenSat.1’s and General Atlantic’s Parship Group completes acquisition of The Meet Group to form Germany’s next unicorn
  • ParshipMeet Group operates a resilient business model with combined pro-forma LTM revenues of c. EUR 451 million and pro-forma LTM adjusted EBITDA of c. EUR 95 million as of H1 2020[1] in an attractive market segment, with expected double-digit annual growth rates in revenue and adjusted EBITDA
  • ParshipMeet Group will become the new online dating segment of ProSiebenSat.1
  • ParshipMeet Group’s management team is continued to be led by industry experts with significant operational expertise

Unterfoehring/Hamburg, September 4, 2020. ProSiebenSat.1’s and General Atlantic’s Parship Group has successfully completed the acquisition of The Meet Group, following regulatory approval from all required authorities. The combined company operates as ParshipMeet Group, a newly-minted unicorn and a leading global player in the online dating market. The Group offers a full suite of services, from social dating and entertainment to online matchmaking.

ParshipMeet Group as new online dating segment of ProSiebenSat.1

Parship Group has been carved out of NuCom Group and as of today ParshipMeet Group represents ProSiebenSat.1’s new online dating segment with combined pro-forma LTM revenues of c. EUR 451 million and pro-forma LTM adjusted EBITDA of c. EUR 95 million as of H1 2020.[2] ParshipMeet Group’s management team is continued to be led by industry experts with proven operational expertise, including Tim Schiffers (Group CEO), Henning Rönneberg (Group CFO), Marc Schachtel (Group COO), and Geoff Cook (CEO of The Meet Group and General Manager Video). By carving out Parship Group from NuCom Group, ProSiebenSat.1 forms a strong fourth pillar in a highly profitable and fast-growing segment. Thus, ProSiebenSat.1 creates various upside opportunities and synergies within the Group and secures a stronger presence in Europe and North America. Economically, ProSiebenSat.1 owns 53% (plus EUR 350 million preferred equity) and General Atlantic 43% in ParshipMeet Group. The remainder is held by management. Shareholdings in NuCom Group remain unchanged. ProSiebenSat.1 and General Atlantic are evaluating an IPO for ParshipMeet Group in 2022.

Rainer Beaujean, Chairman of the Executive Board and CFO, ProSiebenSat.1 Media SE:

Rainer Beaujean, Chairman of the Executive Board and CFO, ProSiebenSat.1 Media SE:

By combining these two successful and complementary businesses, we create a leading global player in the online dating segment with ParshipMeet Group. This investment case is also another strong proof of concept of our ability to use the strengths of our Entertainment business to support the growth and development of consumer-facing digital platform and commerce businesses, thereby creating value for our shareholders.

Creating considerable shareholder value: NuCom and Parship Group successfully developed an internationally competitive player in the online matchmaking and dating sector

As a joint company of ProSiebenSat.1 and General Atlantic, NuCom Group has established its first category leader with ParshipMeet Group. After growing the business organically with a strong brand and product strategy, NuCom and Parship Group started expanding within the online dating market. The successful acquisition and subsequent integration of US matchmaking pioneer eharmony demonstrated its ability to create value through M&A and provided a solid entry in the attractive US market. With the acquisition of The Meet Group, the geographic footprint is further solidified and value generating competencies in online video monetization were added. After carving out Parship Group, NuCom Group focuses on the continued successful development of its three verticals of consumer advice, experiences and beauty & lifestyle.

Joern Nikolay, Managing Director, General Atlantic:

Joern Nikolay, Managing Director, General Atlantic:

Today’s announcement marks an exciting new chapter for ParshipMeet Group. By bringing together these two companies and generating considerable shareholder value, NuCom Group has built its first category leader. We believe in the ability of ParshipMeet Group, as a newly combined company, to bring transformative digital innovation to the global online dating sector. ParshipMeet Group has a unique opportunity to harness the power of technological enablement to augment its differentiated platform and to continue connecting people around the globe.

ParshipMeet Group operates a resilient business model in a highly attractive market segment, with expected double-digit annual revenue growth rates as the broader dating sector continues to boom

Operating a highly resilient business model, ParshipMeet Group has a broad geographical footprint, underpinned by a diverse set of revenue streams, including subscriptions, in-app purchases and advertising. With its unique live video expertise, the Group will continue its growth trajectory by focusing on the acceleration of its live video and online dating capabilities in its existing markets. Despite a challenging macroeconomic situation, both Parship Group and The Meet Group managed their businesses throughout the COVID-19 pandemic effectively, swiftly reacting to the crisis and adapting to the continuously changing environment. The combined group was able to further expand its user base and generated pro-forma revenues of EUR 246 million and pro forma adjusted EBITDA of EUR 52 million, representing a c. 28% year-on-year pro-forma revenue growth and c. 71% year-on-year pro-forma adjusted EBITDA growth in the first half of 2020.[3] ParshipMeet Group’s business model has proven to be adaptable during the COVID-19 crisis, with online dating and live video markets expected to grow by double digit rates in the next two years. The universal need for human connection, especially in times of change or crisis, renders the group’s business models and offerings timeless. In addition to its online consumer services, ParshipMeet Group offers its vPaaS (video-Platform-as-a-Service) solution to enable other companies to implement live video streaming features into their offerings.

Tim Schiffers, CEO, ParshipMeet Group:

Tim Schiffers, CEO, ParshipMeet Group:

Online dating, and interactive live video in particular, is a global megatrend that will continue to transform all of our lives in the future. With the number of singles growing – amongst whom there are more and more digital natives – online dating is becoming an increasingly accepted channel to find a partner. By combining The Meet Group’s and Parship Group’s assets, our brands span the whole spectrum of the online dating market: meeting, dating and falling in love. With our diversified revenue streams and new live video streaming opportunities, we are perfectly positioned for sustained long-term growth.

Geoff Cook, CEO of The Meet Group and General Manager Video of ParshipMeet Group:

Geoff Cook, CEO of The Meet Group and General Manager Video of ParshipMeet Group:

We are thrilled to combine with a globally leading matchmaking company. We believe this deal will help define the future of dating. We will continue to focus on the same three pillars which have contributed to our success: building the best dating features in the world for our engaged community, investing in livestreaming content and innovation, and discovering sensible opportunities to expand and grow – both organically and through strategic relationships, including our video-platform-as-a-service offering.

Strong advisory board will support further growth

ParshipMeet Group’s advisory board is formed by Rainer Beaujean (Chairman of the Executive Board & CFO, ProSiebenSat.1 Media SE), Wolfgang Link (member of the Executive Board, ProSiebenSat.1 Media SE & CEO SevenOne Entertainment Group), Friedrich Thoma (EVP Group Strategy & Corporate Development, ProSiebenSat.1 Media SE), Claas van Delden (Co-CEO, NuCom Group), Joern Nikolay (Managing Director, General Atlantic), and Vittorio Colao (Vice Chairman Europe, General Atlantic).

[1] LTM revenues and EBITDA per June 30, 2020. The Meet Group’s pro-forma adjusted EBITDA included in the above deducts 80% of the expenses for stock-based compensation from The Meet Group’s management adjusted EBITDA. USD numbers converted at 1.12 for 2019, 1.14 for H1 2019 and 1.12 for H1 2020.
[2] The Meet Group’s pro-forma adjusted EBITDA included in the above deducts 80% of the expenses for stock-based compensation from The Meet Group’s management adjusted EBITDA. USD numbers converted at 1.12 for 2019, 1.14 for H1 2019 and 1.12 for H1 2020.
[3] The Meet Group’s pro-forma adjusted EBITDA included in the above deducts 80% of the expenses for stock-based compensation from The Meet Group’s management adjusted EBITDA. USD numbers converted at 1.12 for 2019, 1.14 for H1 2019 and 1.12 for H1 2020.

flaconi continues to grow and strengthens management with Christoph Honnefelder

Berlin, July 28, 2020 – flaconi was able to further expand its market position in online beauty retail in the first half of 2020. On its way to becoming the No. 1 online beauty destination in Europe, the German e-commerce company continues to grow strongly in Germany and abroad. To further accelerate its expansion course, flaconi is strengthening its management with Christoph Honnefelder (44) as of August 15, 2020. The Rhinelander will become Chief Commercial Officer (CCO) and spokesman for the management board. Together with Dr. Steffen Christ (COO), Benjamin Ludigs (CRO) and Kathrin Nusser (CFO), he will form the new top management team at flaconi.

Industry expertise with beauty know-how

Christoph Honnefelder, who comes from Kylie Jenner’s American beauty brand Kylie Cosmetics, previously spent four years as Executive Vice President at beauty retailer Douglas, where he was responsible for product range and purchasing. He also held various management positions at Tchibo for a good nine years. Christoph Honnefelder began his career at The Boston Consulting Group, where he was a project manager. He holds a degree in business administration and studied at the University of Passau and the London School of Economics (LSE), as well as completing various executive education programs at Harvard Business School and the University of St. Gallen.

Management team to drive further growth

Florian Tappeiner, Co-CEO of NUCOM GROUP:

Florian Tappeiner, Co-CEO of NUCOM GROUP:

“The existing management team is doing an excellent job and has been instrumental in flaconi’s success story. In order to further strengthen the brand relations area and to push ahead with internationalization, including through M&A, I am pleased that we have been able to win Christoph Honnefelder, an experienced expert, for these tasks. With his industry expertise and his network, he perfectly complements the management team. Thus, flaconi is ideally positioned for further growth.”

flaconi is the largest online pure player for beauty products in Germany. The online store’s comprehensive portfolio consists of over 850 international brands and 45,000 products. With the categories perfume, care, make-up, hair care and accessories, flaconi covers all product segments, from drugstore to natural cosmetics to premium. flaconi was founded in 2011 and employs over 450 people at its headquarters in Berlin-Charlottenburg and at its logistics center on the outskirts of Berlin. With the flaconi concept store in the historic Tuteur Haus in Berlin-Mitte, flaconi is also represented in stationary retail and offers its customers a select range of niche and premium brands as well as an integrated hair salon. The online store has won numerous awards and is represented not only in Germany but also in Austria and Poland.