- Fashion for children is one of the fastest growing segments on the internet and together with AlexandAlexa we will be four times the size of our closest European competitor, says Marcus Tagesson, Co-Founder of Babyshop. This gives us an excellent stepping stone for future expansion.
- This is an amazing opportunity to develop two strong global brands. I see significant opportunities in international development, investing in our people, processes and partnerships with our suppliers. We aim to be design-led, stylish and innovative, but also customer focused. I believe these will be our strengths and where we plan to invest most. All in all, 2015 will be the start of a new chapter for AlexandAlexa and BabyShop that I am very excited to lead, says Magnus Fredin, CEO of Babyshop.
- When Verdane VII invested in Babyshop, the company had a turnover of €1m. We are impressed by management’s drive and the company’s growth, so it was important to us to support this transaction, says Daniel Ahlstrand at Verdane Capital Advisors. Verdane funds have invested in 25 e-commerce businesses to date, so we bring significant industry knowledge and broad networks, in addition to capital.
Babyshop was established in 2006 by Marcus and Linn Tagesson with a vision of building the best online kids store in the Nordics. Today Babyshop is a leading player in the global market and has a flagship store in Stockholm, Sweden. The company has won awards including ‘The Year's E-commerce Award’ at the Nordic E-commerce Summit in 2011 and ‘The Best Online Fashion Boutique for Children's Clothing’ at the Habit Fashion Awards in 2012.
AlexandAlexa was founded seven years ago by husband and wife duo Alex Theophanous and Alexa Till, with the aim of creating an online shopping destination offering the world’s best kids’ brands all in one place. In 2014, AlexandAlexa was awarded ‘Best Online Children’s Fashion Retailer’ for a third time at the Junior Design Awards, as well as ‘Best Online Fashion Retailer’ in the inaugural baby&me awards.
About Verdane Capital Advisors
Verdane Capital Advisors is the Nordic market's largest and most successful independent manager of secondary direct funds. Verdane funds have €700m in committed capital and are focused on buying Nordic portfolios of direct investments in attractive sectors such as energy, ICT and general industries. The funds will also consider individual investments in selected growth-stage companies. Since 2003, the funds advised by Verdane Capital Advisors have acquired 23 portfolios with stakes in over 250 companies. Verdane has invested in companies such as Mathem, BytHjul, Resman and Wireless Maingate. Former holdings include Coding Technologies, Chipcon, DIBS, Nacre, Reslink, Reslab and Tradedoubler. For more information, please visit www.verdanecapital.com.