Bookarang is a young technology company, specialised in literature analysis and content-based book recommendations. Using the latest techniques in the field of artificial intelligence, Bookarang analyses, and catalogues the entire book landscape in order to help readers navigate and discover.
With this acquisition, NBD Biblion – the Netherlands’ leading service partner for public libraries and media libraries – obtains the newest technology to produce metadata and to analyse and recommend books. Technology with which NBD Biblion can help libraries and other parties in the international book industry accelerate and optimise their processes, and create more and better ways to match readers and books.
Victor Bergen Henegouwen of Bookarang: “We see NBD Biblion as the perfect partner. Now our technological, specialistic know-how is combined with NBD Biblion’s thorough knowledge of the market’s wants and needs.”
On Stepstone’s involvement in this transaction: “Stepstone Corporate Finance+ was essential for us as a sparring partner, in managing the process and in guiding us during the negotiations. We are grateful we had them on our side”.
