ArchDaily
Date: Apr 2020
Client: ArchDaily
Counterparty: Architonic
Industry: Technology
Amount: Undisclosed amount
Transaction:
Landmark Alantra advised the founders of ArchDaily SpA in the sale of the company to Architonic AG, a subsidiary of the Swiss media conglomerate NZZ Mediengruppe (www.nzzmediengruppe.ch).
With over 15 million unique monthly visits, ArchDaily (www.archdaily.com) is the world's leading online architecture platform. The company has a carefully curated and categorized database of projects, materials and knowledge, complemented by a constant stream of diverse and global content. Founded in Santiago, Chile in 2006 by architects David Basulto and David Assael, ArchDaily is among the 1,000 most visited websites in the world according to Alexa Internet Inc. and has been developed on a 100% Chilean software platform created in-house. It has offices in Santiago de Chile, Mexico City, Beijing, NYC and a diverse team of more than 60 young professionals.
Architonic (www.architonic.com) is one of the most recognized design product platforms. The company has a selection of 400 thousand design products and materials, designers and manufacturers. Architonic's content is complementary to ArchDaily's and together receive over 30 million monthly visits.
With annual sales of $ 240 million, NZZ is one of Switzerland's leading media groups with 250 years of history. Its main activities include newspaper, magazine and book publications; and radio and television broadcasts. This transaction deepens NZZ's online strategy and enables ArchDaily to widen its value proposition for its users.
Apr 2020
Financial advisor to
on the sale to Architonic, a subsidiary of NZZ Mediengruppe
Undisclosed amount