Dr. Haas GmbH

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Dr. Haas GmbH - overview

Location

Mannheim, -, Germany

Primary Industry

Media

About

Dr. Haas GmbH operates as a media company specializing in quality journalism, providing diverse products including newspapers, magazines, and digital communication platforms to regional consumers and businesses in Germany's Rhine-Neckar region. Dr. Haas GmbH, headquartered in Mannheim, Germany, focuses on delivering media services.


The company was acquired by Medien Union Ludwigshafen in June 2009. The current CEOs are Florian Kranefuß and Robert Schmidtlein. HAAS Mediengruppe offers a comprehensive portfolio that includes five daily newspapers—Mannheimer Morgen, Südhessen Morgen, Schwetzinger Zeitung, Hockenheimer Tageszeitung, and Bergsträßer Anzeiger—as well as various magazines and advertising newspapers. It also provides digital platforms such as the "MM" news app for local news updates, catering primarily to regional consumers and businesses in Baden-Württemberg and Hesse.


In the most recent year, 2023, HAAS Mediengruppe reported a revenue of USD 108. 89 mn and an EBITDA of USD 7. 52 mn, generated through subscription models, advertising partnerships, and direct sales across print and digital offerings. The company plans to expand its digital offerings with new products set to launch in the upcoming quarters.


Specific geographic expansions are under consideration, targeting additional markets within the Rhine-Neckar region. Proceeds from the acquisition in June 2009 will continue to support these growth initiatives.


Primary Industry

Media

Sub Industries

Information Services, Digital Media, Radio Broadcasting & Programming, Cable Service Providers

Website

www.haas-medien.de

Company Stage

Acquired

Total Amount Raised

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Dr. Haas GmbH - timeline of key events

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Dr. Haas GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedDr. Haas GmbH-
BuyoutCompletedDr. Haas GmbH-

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Dr. Haas GmbH - employee data

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