PAS advises Staffbase on acquisition of dirico

PAS consulting team assisted with the financial due diligence as well as with the tax due diligence via the PAS network.

PAS Financial Advisory AG, has advised Chemitz-based Staffbase GmbH, an international provider of a digital platform for employee communication, on the majority acquisition of Koblenz-based 247GRAD Labs GmbH, the software company behind the content collaboration platfrom dirico.

Through the acquisition of dirico, Staffbase expands its product portfolio with one of the leading content collaboration platforms in the German-speaking market. 

With the dirico software solution, companies plan, create, publish and analyze their content in marketing, internal and external communication. 

In the context of the transaction, the PAS consulting team assisted with the financial due diligence as well as with the tax due diligence via the PAS network.

Consulting Team:  Ingo Weber und Benedikt Fritzsche

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About Staffbase

Staffbase is a high-growth, deeply experienced provider of employee communications management platforms for enterprise companies. The mobile compatibility of the company’s platform allows employers to securely reach their employees everywhere with reduced complexity — whether in the office, at home, on the factory floor, or on the road. Staffbase solutions give employees greater access to the corporate information that’s relevant to them, along with tools for the modern digital workplace, including existing intranets. With headquarters in Chemnitz, Germany, and offices in Amsterdam, Berlin, Calgary, Cologne, Dresden, Helsinki, Kelowna, London, Melbourne, Montreal, Munich, New York City, and Vancouver, Staffbase provides branded solutions for more than 2,000 leading companies worldwide who are transforming their employee communications, including Adidas, Audi, Paulaner, Spark Power, UC Health, US LBM, and Vestas. Staffbase has received the 2021 Global Employee App Choice Award and 2022 Choice Award for Intranet and Employee Experience Platforms from ClearBox Consulting. 

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