Announced
Completed
Financials
Sources
Tags
E-commerce
France
Cross Border
Friendly
Private
Single Bidder
Acquisition
Private Equity
e-commerce platform
Majority
Completed
Synopsis
Equistone Partners, an investment management company, completed the acquisition of Vertbaudet, an e-commerce platform dedicated to childhood, from Alpha Private Equity, an independent private equity investor. Financial terms were not disclosed. "We were impressed with the executive team's repositioning strategy. Vertbaudet’s omnichannel model has allowed it to thrive, even during lockdown periods. We look forward to supporting Vertbaudet as it continues to build growth momentum," Arnaud Thomas and Grégoire Schlumberger, Equistone Partners.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.