{"id":30845,"date":"2022-05-02T14:32:23","date_gmt":"2022-05-02T14:32:23","guid":{"rendered":"https:\/\/www.qustodio.com\/?post_type=press_releases&#038;p=30845"},"modified":"2023-06-08T08:49:40","modified_gmt":"2023-06-08T08:49:40","slug":"family-zone-to-acquire-qustodio","status":"publish","type":"press_releases","link":"https:\/\/www.qustodio.com\/en\/press-releases\/family-zone-to-acquire-qustodio\/","title":{"rendered":"Family Zone to acquire Qustodio"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_enable_color=&#8221;on&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;2px||4px|2%|false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||0px||true|false&#8221; module_alignment_tablet=&#8221;&#8221; module_alignment_phone=&#8221;center&#8221; module_alignment_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_team_member name=&#8221;Qustodio team&#8221; position=&#8221;Experts in digital safety&#8221; image_url=&#8221;https:\/\/static.qustodio.com\/public-site\/uploads\/2021\/10\/01090043\/Qustodio-Team.png&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|phone&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||24px|7px|false|false&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; position_text_align_tablet=&#8221;&#8221; position_text_align_phone=&#8221;center&#8221; position_text_align_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;&#8221; text_orientation_phone=&#8221;center&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_team_member][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;-80px|||||&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text content_last_edited=&#8221;off|phone&#8221; admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Family Zone to acquire global leader in parental controls Qustodio for US$52 million.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The merger of the Qustodio business into the Family Zone group will significantly expand the company&#8217;s capability and global footprint.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The transaction is subject to approval from Spanish Foreign Direct Investment, the raising of capital by Family Zone, and Family Zone shareholder approval of the issue of securities to the vendors.<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Qustodio and Family Zone today announced a definitive agreement under which <strong>Family Zone will acquire 100% of the shares in Qustodio and its subsidiaries in a transaction valued at US$52 million<\/strong>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Based in Barcelona, Spain, Qustodio was founded by Eduardo Cruz, Josep Gaspar, and Josh Gabel in 2012. Today <strong>Qustodio is a global leader in family online safety, <\/strong>operating in eight languages to over 4 million users in more than 180 countries. Its channel partners are among the world\u2019s leading telecom operators in countries such as Spain, France, Singapore, Mexico, Japan, Brazil and Chile.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Qustodio\u2019s cross-platform solution allows parents and educators to protect children from online harm, while also promoting healthy digital habits and awareness. Its next generation tools help manage and balance screen time, block harmful content, and promote healthier online activity, <strong>allowing families and educators alike to build a safe, secure digital experience for every child.<\/strong>\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The merger of the two companies will bring accelerated growth through scale and product expansion.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">\u201c<\/span><i><span style=\"font-weight: 400;\">The bringing together of Qustodio and Family Zone will be seen in time as a turning point in online safety globally. We are honored and excited to be welcoming the Qustodio team into our family<\/span><\/i><span style=\"font-weight: 400;\">\u201d. <\/span><b>Tim Levy, Managing Director Family Zone<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u201c<\/span><i><span style=\"font-weight: 400;\">Qustodio and Family Zone share the view of a better world where schools, parents and children can work together to create safe and enriching online experiences. This shared vision has led us to unite forces and bring game-changing unified approaches in online safety to the market. Our combination will represent the creation of a truly global leader in online safety with unmatched scale and capabilities.<\/span><\/i><span style=\"font-weight: 400;\">\u201d <\/span><b>Eduardo Cruz, Co-founder &amp; CEO Qustodio<\/b><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;31px&#8221; custom_padding=&#8221;||4px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">The proposed transaction is subject to customary closing conditions, including the receipt of regulatory approval in Spain.<\/span><span style=\"font-weight: 400;\"><\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/static.qustodio.com\/public-site\/uploads\/2021\/07\/29092816\/qustodio_founders.jpeg&#8221; alt=&#8221;Qustodio | Founders&#8221; title_text=&#8221;qustodio_founders&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; align=&#8221;center&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: right;\"><em>From left to right: Qustodio co-founders Josep Gaspar, Eduardo Cruz, Josh Gabel.<\/em><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>About Qustodio<\/strong><\/p>\n<p><a href=\"https:\/\/www.qustodio.com\/en\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Qustodio<\/span><\/a><span style=\"font-weight: 400;\"> is the world leader in online safety and digital wellbeing for families. Since 2012, we have provided a cross-platform solution for families and schools, helping over 4 million parents and educators protect children from online harm, while promoting healthy digital habits and awareness. Available in over 180 countries in 8 languages, our digital wellbeing tools help families and schools live and navigate smarter in an increasingly connected world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To learn more about Qustodio please visit <\/span><span style=\"font-weight: 400;\"><a href=\"http:\/\/www.qustodio.com\">www.qustodio.com<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Qustodio Contacts<\/strong><\/span><\/p>\n<p>For media enquiries, email <a href=\"mailto:press@qustodio.com\" target=\"_blank\" rel=\"noopener\">press@qustodio.com<\/a><\/p>\n<p><b>About Family Zone<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/www.familyzone.com\" target=\"_blank\" rel=\"noopener\">Family Zone<\/a>, <\/span>supporting and protecting every child\u2019s digital journey<b>, <\/b><span style=\"font-weight: 400;\">is an ASX-listed technology company and an emerging leader in the fast growing global cyber safety industry. Family Zone\u2019s unique innovation is its patented cyber safety ecosystem, a platform enabling a world-first collaboration between schools, parents and cyber safety educators. Family Zone\u2019s unique approach is delivering rapid growth in the education sector, as well as through direct sales and scalable reseller arrangements with telco providers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To learn more about the Family Zone platform and the company please visit <\/span><a href=\"http:\/\/www.familyzone.com\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">www.familyzone.com<\/span><\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"author":8,"featured_media":31086,"template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"press-releases\/category":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v22.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Family Zone to acquire Qustodio | Qustodio<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.qustodio.com\/en\/press-releases\/family-zone-to-acquire-qustodio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family Zone to acquire Qustodio\" \/>\n<meta property=\"og:description\" content=\"Family Zone to acquire global leader in parental controls Qustodio for US$52 million. 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