Crossborder minority sale of e-commerce leader Expondo
Expondo Group GmbH, a B2B e-commerce specialist for professional equipment, sold a minority stake to Crédit Mutuel Equity, a private equity firm.
Founded by Waldemar Moss and Piotr Stach, the Berlin based group with significant activities in Poland has demonstrated fast growth and gone through transformational transition from owner management to a world-class professional management team. With Crédit Mutuel as partner, Expondo intends to grow in new markets as well as through acquisitions, with a broader product range and more customer verticals.
Clairfield International actively supported the Expondo team throughout the process, including investor due diligence re all commercial, financial, tax and legal workstreams, preparation of transaction documents, and negotiations of transaction terms, benefitting from a Frankfurt- and-Warsaw-based team given Expondo’s assets and management in both countries.
Read more here: Clairfield deal of the month Expondo