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Euroffice

sold to

Darwin Private Equity

November 2010

 

About the client

Euroffice is the UK’s leading online office supplies company serving the SME market.
 

About the deal

GP Bullhound acted as the exclusive financial advisor to Euroffice Ltd on its sale of a majority stake to Darwin Private Equity.
 

Quotes

Diana Saraceni, General Partner of 360 Capital Partners commented: “I’m pleased to see that, despite the tough climate for eCommerce 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 ecommerce sector that have ensured brilliant execution of the exit process”.