L A T E S T N E W S
Drake Star Amsterdam advises United Wardrobe on its sale to Vinted
“Another deal with winners only,” said Frank Verbeek; Managing Partner at Drake Star. Frank Verbeek continues: “this transaction brings together two second-hand fashion marketplaces that share similar values, missions and have highly complementary assets – a unique combination to fight fast fashion. To win that fight, you need size, power, and great teams. This combination will have a lasting impact and contribute to a more sustainable world.”
For Drake Star Partners this marks yet another successful transaction in the ever-growing marketplaces vertical. Understanding of the latest marketplace trends, including the increasing importance of the underlying financial and operational metrics, is key to contribute to the success of high-growth technology marketplaces. We are ready to leverage our unique marketplace knowledge and track-record to support likeminded entrepreneurs aiming for a winning position.
Drake Star Partners advises The Mobility House on its fundraising with a Private Placement from the SP Group and a Financing Facility by the European Investment Bank
“Another transaction with a leading energy transition player” said Dominique Houde, Partner for Mobility & Energy Transition at Drake Star Amsterdam. Dominique Houde continues: “This transaction is another clear example of how the sector is evolving at a global scale. As the electric mobility sector is quickly scaling up, the use of the most advanced and effective software platforms for active storage management, smart charging for large fleets, including at bus depots, and Vehicle to Grid Integration (V2G) becomes essential. The Mobility House sits at the intersection of sustainable transportation and the energy sector, and is a leader in that field. Importantly, it is ideally positioned to accommodate the rapid growth in EV charging infrastructure and storage, increasingly considered as a key asset class by institutional investors.
For Drake Star Partners this transaction is the latest of an ongoing series of Mobility & Energy Transition-related landmark transactions including investors and buyers globally. Understanding the continuously increasing complexity of sustainable transportation has become one of the main reasons Drake Star is the leading advisor where Mobility meets Energy Transition.”
Drake Star Partners advises Flinders on its sale to Nine United
“Through this transaction, Flinders’ mission will continue to thrive as part of the European leader in high-end furniture e-Commerce,” comments Frank Verbeek, Managing Partner at Drake Star Partners. Frank Verbeek adds: “We see a fastening shift towards the digital marketplace, with consumers increasingly turning to perfectly organised online channels also for purchasing high-end furniture.”
Following the successful transactions of United Wardrobe, SitterCity, Freepik, and Blurb, the sale of Flinders adds yet another landmark transaction to Drake Star’s strong marketplace/e-Commerce track-record. As marketplaces and e-Commerce are increasingly becoming a cross-border play, Drake Star is uniquely positioned through its global presence and dedicated sector expertise. We are ready to leverage our unique marketplace/e-Commerce insights to support like-minded entrepreneurs aiming for a winning position.
IMPROVED Corporate Finance advises Cycle Care – a leading Dutch Femtech company - on its fundraise from a consortium of Growth Investors
IMPROVED's Managing Partner Frank Verbeek comments: “We are great believers in e-commerce/online content-rich platforms with very engaged users allowing for a strong community. Cycle Care is able to claim a very specific segment within the Femtech and Sextech market, with an offering that due to high-quality content from experts is increasingly shifting from a Nice-to-Have to Need-to-Have; acknowledging that radical self-care is here to stay.”
Drake Star advises Etergo on its sale to Ola Electric Mobility, the frontrunner in India’s Electric Mobility ecosystem, in another intercontinental landmark Electric Mobility transaction
IMPROVED's Managing Partner Frank Verbeek comments: “Electric mobility is unstoppable. Even more so when the best of many worlds are put together to produce high quality, high tech and highly smart connectivity into products affordable for millions of smart and conscious consumers. Safety, range, comfort, functionality, and abilities to commercialize all these relevant USP’s make this transaction again another deal with winners only. ”
Drake Star Amsterdam acts as exclusive advisor to Fortum in the sale of a majority share of its Nordic public EV charge point operator to Infracapital
IMPROVED's Managing Partner Frank Verbeek comments: “This transaction is another clear example of how the sector is evolving. Very few well-positioned parties can claim market leadership positions in their respective fields. These leaders will therefore benefit most from the expected exponential growth in the overall EV and charging businesses in Norway, but also in the other Scandinavian countries.”