08.04.14

BMH BRÄUTIGAM ADVISES BERLIN START-UP CROBO ON THE ACQUISITION OF TRAFFICCAPTAIN

BMH BRÄUTIGAM advised Berlin Start-up Crobo and its stakeholder Covus-Group on the acquisition of Crobo’s competitor TrafficCaptain. Crobo, a performance marketer in online and mobile games active in more than 170 countries, is strengthening its appearance on the Asian and South American market.

Through the acquisition of TrafficCaptain, Crobo – a business rival of Hitfox – takes over its smaller Hamburg based competitor and now operates its own office in Hamburg to intensify the contact to the region’s game providers. The number of employees of Crobo is growing to more than 50.

Background: BMH BRÄUTIGAM advised Covus-Group and Crobo on several deals in the last couple of years.