The private shareholders of Edit Place have sold the company to Webedia for US$15 million.
Edit Place produces unique content for web properties such as large e-commerce platforms, travel portals (Expedia, Opodo) and large corporations (Air France, Club Med, Yahoo) in more than 20 different languages. They have a huge platform where web users anywhere in the world can register and edit or translate unique contents for clients. Edit Place is a very quick and cost effective content production facility, with sales offices in Paris and London.
Webedia is a web conglomerate financed by Marc Ladreit de la Charriere which in the last 5 years has closed 10 acquisition transactions in the web industry such as Purepeople, Allocine, Jeuxvideo.com, among others.
Oaklins' team in France advised the seller in this transaction.
Thibaut de Monclin
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