Acquisition of Blendle by Cafeyn
Reinventing newspaper and magazine consumption.
Paris, 30 July 2020 - GP Bullhound acted as the exclusive financial advisor to Cafeyn on its acquisition of Blendle.

Since its launch in 2006 in Paris, Cafeyn’s mission has been to give users across Europe the opportunity to read from their favourite newspapers and magazines on its digital platform.

Together with Dutch–based Blendle, founded in 2014, Cafeyn will now offer more than 2500 newspapers and magazines and serve 1.5 million active users in France, Germany, the Netherlands, Belgium, Italy, the United Kingdom, Ireland, Austria, and Spain.

Blendle has also developed notable product expertise around the article experience including clipping, tags, recommendations and audio, all of which will enrich Cafeyn’s platform and product offering.

Ari Assuied, President of the Cafeyn Group, commented: “At Cafeyn our ambition is to give everyone unparalleled access to quality content. This acquisition enables us to accelerate our growth. We are very happy to onboard such a talented and passionate team of media experts into our Group. We’re excited for our teams to start exchanging features and experiences and to make our catalogues featuring over 2500 newspapers and magazines available to all. It allows us to become the home of the best pan-European journalism out there.”

Guillaume Bonneton, Partner at GP Bullhound, said: “This represents the first international acquisition for Cafeyn, and we are proud to have facilitated the emergence of a European leader for newspapers and magazine online consumption.”

Enquiries
For enquiries, please contact guillaume.bonneton@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com

Sector
Digital Media