MUNICH, June 19, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the Japanese Recruit Holdings Co., Ltd. on the acquisition of all shares in TrustYou GmbH. TrustYou, headquartered in Munich, is a major player regarding review management systems provided for hotel and other accommodation providers worldwide. Recruit is listed at the Tokyo Stock Exchange and the parent company of an internationally active group. Through the acquisition of TrustYou, Recruit intends to expand its online travel technology business.

Advisor to Recruit Holdings Co., Ltd.: Milbank, Tweed, Hadley & McCloy LLP

Andrea Eggenstein (Corporate/M&A, Frankfurt), Matthias Schell (Tax, Munich), Dominic Köstner, Wendelin Mayer, Sebastian Reiner-Pechtl (all Corporate/M&A, Munich), Nikolas Koutsós (Finance, Frankfurt)