BERLIN and NEUSTADT AN DER AISCH, Germany, November 30, 2016 /PRNewswire/ --
E-commerce company wins another partner to promote growth and expansion
After Bregal Unternehmerkapital acquired the majority of Onlineprinters GmbH, the Berlin-based Project A Ventures has also invested in the printing company. The venture capital investor has invested a sum in the single-digit million range in Onlineprinters. Moreover, Dr. Florian Heinemann, the founder and manager of Project A, joins the company's advisory board. Being one of Europe's leading online print companies, Onlineprinters produced more than 2.1 billion printed products last year, from flyers to full-fledged exhibition stands. The company has delivered to 500,000 customers so far and employs a workforce of more than 600. Internationally, the e-commerce company operates under the brand name Onlineprinters in 30 countries; in Germany, it trades under the name diedruckerei.de.
Project A Ventures is known as a venture capital company that boosts the success of its portfolio companies by contributing its own operative resources. Besides various early-stage investments, Project A has realised huge successes with investments in other market leaders in the industry.
"Onlineprinters has shown impressive growth performance over the past years and is already established in dozens of international markets. By taking our experts on board, we can achieve further improvements in Performance Marketing, CRM, Business Intelligence and Internationalisation," says Dr. Florian Heinemann, the founder and manager of Project A. "We believe that this joint investment with an experienced private equity partner is the recipe for success of our operative VC approach."
Dr. Michael Fries, CEO of Onlineprinters GmbH, on the new partner: "With Bregal Unternehmerkapital as a majority investor at our side, we can rely on a specialist for medium-sized business excellence. We are pleased to additionally welcome the e-commerce experts of Project A as our partner. We have thus set the course for dynamic growth and further strengthening our position as a leader in the European online printing industry."
About Project A
Project A is a Berlin-based investor and operative VC in digital technologies. By providing financing and operative expertise, Project A supports companies in building their own competencies in core functional areas with their team of specialists in the areas of IT & Product, Marketing & CRM, Business Intelligence and Organisation Building. In the past years, Project A has actively contributed to building successful companies such as kfzteile24.de, Catawiki, Contorion, Eyeota, Lostmy.name, Nu3, Spryker, Tictail, WorldRemit and ZenMate.
Onlineprinters GmbH is one of Europe's leading online print providers. In line with the motto "Print simply online!" the company sells printed products to 500,000 customers in 30 European countries through its 15 web shops. Internationally, the company is known under the brand name "Onlineprinters"; in Germany it operates under the name "diedruckerei.de". The product range comprises 1,400 printed products from business cards, stationery and flyers to catalogues, brochures and large-format advertising systems. The formula to successfully produce customised prints in terms of Industry 4.0 rests on three pillars: online sales, fully integrated production from ordering to shipping and gang run printing. The latter uses so-called combined forms to collectively produce print jobs, therefore minimising costs and reducing the environmental impact. Selected products allow customers to choose the option of same day printing (produced on the same working day), overnight delivery, climate neutral production and custom size specification. Onlineprinters GmbH employs a staff of 600 and produces over two billion printings per year.
About Bregal Unternehmerkapital
Bregal Unternehmerkapital is part of a family-owned business that has been built up over generations. Its investment activity is free of institutional constraints, based on long-term commitment and independent of developments in the financial markets. Bregal Unternehmerkapital identifies companies with strong management teams that are regarded as market leaders or "hidden champions" in their particular segment. Flexible financing and transaction structures enable it to acquire both minority and majority stakes. In doing so, Bregal Unternehmerkapital is also able to handle complex industry spin-offs, management buy-outs and succession situations in a sensitive, non-dogmatic manner. Bregal Unternehmerkapital aims to help companies achieve a sustained improvement in sales and profitability, and provides them with capital, proven financial expertise and access to a broad network of entrepreneurs and industry experts.
SOURCE Onlineprinters GmbH