Mainz/Munich, Germany, May 31, 2022 – Private equity firm Marondo Capital has become a new shareholder of Textbroker, the world's leading content platform. Marondo takes over the shares of investor Kennet Partners.

In addition to Marondo's investment, there are further structural changes at Textbroker: El-Hadi Zahri, Managing Director of Textbroker since 2014, will also become a partner in the online company in addition to his current role. Textbroker founder and Chief Technology Officer Jan Becker-Fochler will remain invested in Textbroker.

Becker-Fochler founded Textbroker in 2005 as the first content marketplace of its kind. Clients can now order texts written by native speakers in 36 languages as well as translations in every language in the world. Tens of thousands of authors, editors and other content service providers process more than 100,000 orders through the platform every month.

"I am delighted that our international team of employees can now start the coming years with the backing of this new outstanding partner. I would like to thank everyone who has accompanied us on our journey to become the world's leading content marketplace over the past 17 years. Marondo has been keen to be part of our continuing story from the start, and I look forward to the future with such a reliable partner at our side," said Textbroker founder Jan Becker-Fochler.

Dr. Stefan Elsser, partner and co-founder of Marondo Capital, commented: "Textbroker's development is impressive. Textbroker has risen from the pioneer among content platforms to a full-service partner for professional content marketing and translations. We are honored to support the world's number one content marketplace on its continued international growth path. We firmly believe that Textbroker's outstanding business model will generate further profitable growth in the market for custom content."

Textbroker Managing Director El-Hadi Zahri added, "It's great to see that Marondo Capital is as convinced as we are about our business model and our clear growth potential. The last few years have shown we can successfully compete in the market even in times of pandemic and inflation and that the demand for customized content continues to grow worldwide. I would like to thank each of our employees and continue to believe strongly in the success of our international team. With our new shareholder structure, we are well prepared for the future of Textbroker."

Hans-Christian Perle from Kennet Partners commented: "Since we invested in Textbroker in 2010, we have been part of its rapid growth and global expansion. The company is now not only an established mid-market player, but the world's leading content platform. We are proud to have been able to accompany this exciting success story for more than a decade."


About Textbroker:
Since 2005, Textbroker has been a leading global content marketplace and full-service partner for content marketing and translations. The company originated in Mainz, Germany, with an office in Las Vegas, Nevada, for the U.S. market. Textbroker offers high-quality articles and content creation services to over 80,000 clients worldwide. Tens of thousands of U.S.-based and global authors, editors, and content service providers execute more than 100,000 customized pieces of content each month. The result – unique, tailored content that meets the individual requirements of each customer. Among them are leading publicly traded corporations, SEO agencies, e-commerce platforms, travel portals, social media communities, publishers, and webmasters. Everyone can order unique content in 36 languages as well as translations in all language combinations.
www.textbroker.com

About Marondo Capital:
Marondo, with offices in Munich and Stuttgart, is an investment company for fast-growing, technology-focused companies of the next generation of SMEs in Germany and DACH. The fund invests in companies in the German engineering sectors within the framework of majority and minority transactions. This includes software & IT, Industry 4.0, environmental technologies, new materials as well as health and medical technologies. In addition to substantial expansion capital, Marondo offers liquidity solutions for existing shareholders. The partnership is run by four partners with over 80 years of industry experience, 90 financed companies, and several hundred transactions in the last two decades.
www.marondo.com

About Kennet Partners:
Kennet is a technology growth equity investor who invests in established, fast-growing companies providing information technology products and business services that leverage technology. Kennet provides expansion capital to businesses that want to accelerate growth and build exceptional shareholder value in partnership with an experienced investor. They currently have over $700 million under management and have offices in London, Frankfurt, and Silicon Valley.
www.kennet.com