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Completed

Cardinal Capital completed an investment in Luzern eCommerce.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

Completed

ecommerce software

Domestic

Friendly

Ireland

E-commerce

Minority

Private

Private Equity

Single Bidder

Synopsis

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Cardinal Capital Group, a private equity firm, completed an investment in Luzern eCommerce, a e-commerce platform. Financial terms were not disclosed. “We are delighted to support Luzern’s management team in its ambitious growth plans at a time when more people than ever before are making their purchases online. With half of all online sales taking place on marketplaces such as Amazon, we expect an increasing number of big brands to avail of Luzern’s technology infrastructure and analytics to optimise sales, inventory and margin," John Dolan, Cardinal Capital, Managing Director.

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