Announced
Completed
Financials
Sources
Tags
Cross Border
Online and Social Platforms
Acquisition
Private Equity
Minority
Germany
Private
Single Bidder
ecommerce platform
Friendly
Completed
Synopsis
CIC Capital, a private equity subsidiary of Crédit Mutuel Alliance Fédérale, completed the acquisition of a minority stake in Expondo, a B2B e-commerce platform, from private investors Waldemar Moss and Piotr Stach. Financial terms are not disclosed. “We take pride in being a partner to some of Europe’s most successful owner-led companies and accompanying many of them through transformations similar to Expondo’s. We expect Expondo to move forward in very big steps and look forward to supporting them in growth projects of all kinds while keeping their organizational structure up to speed," Sébastien Neiss, Crédit Mutuel Equity Managing Director.
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