Universum Group gets acquired by Axel Springer via StepStone

Sweden M&A 04 May 2018
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Universum Group, a Stockholm, Sweden-based company providing data-driven employer branding services, announced getting into an agreement to sell the company to the e-recruitment firm StepStone, an Axel Springer SE company.

The financial details of the transaction remain undisclosed and Universum will continue to operate as an independent, global company.

StepStone was founded in 1996 and is an Axel Springer SE subsidiary, operating online job sites in other countries in addition to stepstone.de in Germany.

Universum Group, founded in the 80s by Lars-Henrik Friis Molin (still owner of 70% of the company prior to the transaction) and led by CEO Petter Nylander, provides in data-driven employer branding services, including actionable research, strategic consulting, and data-driven communications and social media solutions for talent branding, sourcing, and analytics. The company had about SEK 310M in sales and a profit of SEK 60M in 2017.