GP Bullhound, the technology investment bank, has acted as the exclusive financial advisor to Campadre AB on its expansion financing round with Incitia Ventures and Leo Vegas on its A round financing. These transactions confirm that while GP Bullhound is primarily focused on larger transactions it continues its dedication to supporting young and exciting companies on their way to market leadership.
Campadre is the pioneer and leader of members-only private sales websites in Scandinavia, focusing on fashion as well as home-ware, electronics, cosmetics and other categories. In 2011, Campadre doubled its revenues through establishing partnerships with over 1,200 exciting local and international brands.
Leo Vegas owns and operates LeoVegas.com, the leading Nordic smartphone casino. The company has had an extremely successful development since its launch in Sweden in January 2012 with €7.3m turnover in the casino in April.
"We are passionate about entrepreneurship and in situations like these where we see young companies with exceptional management teams and potential, we will bring our experience to bear to help them succeed", says GP Bullhound's Managing Partner Per Roman.
GP Bullhound has now closed 18 transactions in the last twelve months and, with recent significant transactions such as Avito, MyThings and 192.com, is further underlining its leadership position in the European Internet and e-commerce sector.