Spanish digital marketing company acquired by London equity firm
London-based AS Equity Partners has acquired a Spanish digital marketing platform called QDQ group.
QDQ, a subsidiary of SoLocal Group, provides digital solutions to European SMEs, such as SEO services, web page creation, and online advertising.
QDQ Group's local business web directory qdq.com, which is included in the deal, has more than two million unique users and eight million page views.
Andreas Schulte, Founder of AS Equity, commented: “AS Equity Partners are delighted to be investing in QDQ Group, a premier digital marketing platform that serves small and medium business all over Spain.”
“We look forward to working with QDQ Group to further grow its portfolio and network, and continue to build on its status as a recognized leader in digital marketing in Spain.”
Pedro Fernández, CEO of QDQ Group, added: “In QDQ we are very excited to work with AS Equity Partners team due to their track record of accelerating the growth of digital media and technology companies in European markets.”
“This provides QDQ with opportunities and capabilities to empower our employees and partners to deliver an industry-leading customer experience.”