Verdane intends to acquire portfolio of 4 European technology companies from VNV Global

Verdane, the European specialist growth investor, intends to acquire ownership stakes in a portfolio of four technology companies from VNV Global, a publicly listed investment firm in Sweden. The transaction will see Verdane invest in four high-growth European technology companies that both digitalise the economy and encourage more efficient use of resources.

The portfolio comprises four European technology companies: Booksy, the globally leading B2B software platform for beauty businesses with a B2C marketplace for booking beauty treatments​; Tise, the Nordics’ leading recommerce marketplace for clothing and lifestyle items; Carla, the marketplace for second-hand electric vehicles; and JamesEdition, a global real estate marketplace connecting buyers from around the world with local agents.​

All four companies offer market-leading digital marketplaces. Booksy has reached profitability and grown to more than 13 million users globally. The business now offers its marketplace service in five countries around the world. Meanwhile Tise is used by over 90% of women aged 18-24 in Norway.

Verdane can invest as a majority or minority owner, either in single companies or portfolios of companies and has one of Europe’s most flexible investment mandates, enabling both direct investments and portfolio transactions. Verdane’s unique approach allows it to work with listed companies and offer sellers access to liquidity solutions.

Verdane intends to support the portfolio companies as they continue to grow, leveraging the support of Verdane’s in-house operational advisors in all functions needed to scale including go-to-market, data, finance and talent. The firm invests thematically in digitalisation and decarbonisation.

Staffan Mörndal, Partner at Verdane, commented: “We’re pleased to announce our intention to partner with Booksy, Tise, Carla and JamesEdition and look forward to supporting their continued growth. Our transaction with VNV Global is a clear example of Verdane’s unique flexibility and thematic investment approach, enabling us to partner with Europe’s most exciting businesses that are digitalising and decarbonising the economy.”

Per Brilioth, CEO at VNV Global, commented: “We are glad to announce this transaction. We are sad to part ways with four great companies but believe Verdane will be a strong addition to their respective cap tables and a shareholder that can support and steward them during the next leg of their journeys.”

About Verdane

Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.

 

Verdane funds hold over €5.7 billion in total commitments and have made over 300 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.

 

Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy. Verdane is partly owned by the Verdane Foundation, which is focused on focused on two areas: climate change and more equitable and inclusive local communities.

Further information: www.verdane.com

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About VNV Global

VNV Global brings together patient capital and network effect businesses to achieve the scale that drives profitability over the long term. We are opportunistic investors in business models that build strong moats. The common shares of VNV Global are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV. For more information on VNV Global, visit www.vnv.global.

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