Euroffice acquired by Darwin Private Equity
The next step for office supplies and the SME market.
November 07, 2010
November 2010 - GP Bullhound acted as the exclusive financial advisor to Euroffice Ltd on its sale of a majority stake to Darwin Private Equity.
Euroffice is the UK’s leading online office supplies company serving the SME market.
Diana Saraceni, General Partner of 360 Capital Partners, commented: “I’m pleased to see that, despite the tough climate for e-commerce at the time we backed the company, Euroffice turned out to be a very good investment. I have to be thankful to its management to have built such a sizeable and profitable business and to GP Bullhound’s knowledge of the e-commerce sector that has ensured the brilliant execution of the exit process.”
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