London equity firm acquires Spanish digital marketing company

A London equity firm has announced the acquisition of a Spanish digital marketing platform.

AS Equity Partners, which has offices in London and Zurich, reported the deal today, in which it bought QDQ Group, a subsidiary of SoLocal Group.

QDQ delivers a portfolio of digital solutions to SMEs in Europe, including web page creation, SEO services and online advertising.

Founder of AS Equity, Andreas Schulte, commented: “AS Equity Partners are delighted to be investing in QDQ Group, a premier digital marketing platform that serves small and medium business all over Spain.”

“In addition, QDQ Group has the local business web directory qdq.com, with more than two million unique users and eight million pageviews.

“We look forward to working with QDQ Group to further grow its portfolio and network, and continue to build on its status as a recognized leader in the digital marketing in Spain.”

Pedro Fernández, CEO of QDQ Group, added: “In QDQ we are very excited to work with AS Equity Partners team due to their track record of accelerating the growth of digital media and technology companies in European markets.”

“This provides QDQ with opportunities and capabilities to empower our employees and partners to deliver an industry leading customer experience.”