123.tv has been acquired by DVC Partners
November 2025 — 123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Founded in 2004, 123.tv is a prominent German multi-channel platform specializing in home and live shopping. It delivers an interactive shopping experience through television, online channels and mobile applications. The company has carved out a distinctive market position with its innovative auction style and interactive pricing model, providing customers with a dynamic and engaging experience through live chat.
DVC Partners is a pan-European special situations investment firm providing sophisticated equity solutions and a hands-on approach to supporting high-potential companies.
Our role in the transaction
Oaklins DeSilva+Phillips, based in New York, together with Oaklins’ team in Germany, jointly advised 123.tv on this cross-border sell-side transaction. This deal further highlights the team’s deep sector expertise in consumer media and live shopping entertainment, and showcases Oaklins’ global reach and collaborative approach.
Talk to the deal team
Richard Glosser
Oaklins DeSilva+Phillips
Related deals
Valuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn more