Announced
Financials
Tags
Acquisition
Single Bidder
Minority
Friendly
Cross Border
Private
Pending
Private Equity
E-commerce
Germany
commerce company
Synopsis
Bain Capital, a private investment firm, agreed to acquire a stake in Berlin Brands Group, an operator of a portfolio of vertical commerce companies, from Ardian, an assets manager, for $700m. "With Bain Capital's commitment and the additional funding secured, we have set our next milestone on our path to building a global house of brands. This allows us to tackle strategic goals of acquiring and developing brands globally, as well as the operational and logistical expansion. Bain Capital's experience working with founders worldwide will help us continue our evolution as a leading e-commerce company in scaling brands," Peter Chaljawski, BBG CEO.
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