The partnership entails a minority investment to support Helloprint’s growth ambitions
Rotterdam / Munich / Berlin, 13 March 2017 – Helloprint, one of Europe’s fastest growing online print platforms, has stepped into a long term partnership with Bregal Unternehmerkapital, a multi-generational family business specialized in holdings of mid-sized companies, and Project A, a Berlin-based operational venture capitalist. The partnership entails a “multi-million” euro minority investment via their printing holding Onlineprinters.
The Rotterdam-based platform’s last funding round was a multi-million euro Series A funding with informal investors, after a first round of founding capital. This new investment provides Helloprint with significant funding and access to multiple strategic advantages to support its rapid growth ambitions.
“We’ve had a long and intensive process of selecting the right future partner for our fast growing European platform business”, said Hans Scheffer, CEO and Founder of Helloprint. “The family- owned structure, long term vision and hands-on mentality of Bregal and the operational power in data, BI, CRM and online acquisition marketing of Project A have convinced us to go for a joint future. This unique combination allows us to grow our independent platform faster into various markets.”
Helloprint is using the funding for the operational support of its growth, the development of its systems and data structure, the extension of the team and the acquisition of new European customers. “We see that the online print market is evolving rapidly”, Scheffer says. “Our asset-light platform model allows us to scale the business faster and enter new countries and markets quickly without the need for investments into printing equipment. Our network of international print and promo producers is growing fast and it is our ambitions to scale the network and our business even faster over the next years. The whole team is looking forward to accelerate our growth further with the new partnership”.