M&A Deal Summary

Scottish Equity Partners and Co-Investor AG Acquire Mister Spex

On August 21, 2019, growth capital firm Scottish Equity Partners and private equity firm Co-Investor AG acquired e-commerce company Mister Spex from eEquity

Acquisition Highlights
  • This is Scottish Equity Partners’ 4th and Co-Investor AG’s 3rd transaction in the E-Commerce sector.
  • This is Scottish Equity Partners’ 2nd and Co-Investor AG’s 14th transaction in Germany.
Investment Fate
  • Mister Spex went public in 2021.

M&A Deal Summary
Date 2019-08-21
Target Mister Spex
Sector E-Commerce
Buyer(s) Scottish Equity Partners
Co-Investor AG
Sellers(s) eEquity
Deal Type Secondary Buyout

Target

Mister Spex

Berlin, Germany
website
Mister Spex is an independent online eyewear business offering contact lenses and brand-name glasses and sunglasses in partnership with 500 local opticians across Germany, Austria, and Switzerland. Mister Spex was founded in 2007 and is based in Berlin, Germany.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Scottish Equity Partners

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 2000
Size Large
Type Sector Focused
DESCRIPTION

Scottish Equity Partners is a growth capital firm focused on high-growth tech company invests in the UK and Ireland. The Firm looks to invest up to £25 million across a range of sectors, with a particular interest in enterprise software, consumer internet and tech-enabled service businesses. Scottish Equity seeks to build value by playing an active and supportive role in the growth and development of its portfolio companies. Scottish Equity Partners is based in London.

DEAL STATS #
Overall 26 of 35
Sector (E-Commerce) 4 of 4
Type (Secondary Buyout) 6 of 6
Country (Germany) 2 of 3
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Zuto

Macclesfield, United Kingdom

Zuto is an online car finance broker, that makes financing a used car simple, removing complexity and matching consumers with the fairest and most compliant finance package that’s right for them. Zuto was established in 2006 and is based in Macclesfield, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-25 Dohop

Reykjavík, Iceland

Dohop is a technology provider that develops innovative solutions in the field of aviation and travel. Its core technology is focused on creating connecting itineraries. Dohop has developed solutions for forward-thinking airlines, alliances, and airports all around the globe. Some of its partner airlines include easyJet, Transavia, Eurowings, Avianca, Jetstar, and several others. Dohop was formed in 2004 and is based in Reykjavík, Iceland.

Buy -
Buyer

Co-Investor AG

Zurich, Switzerland

Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Co-Investor AG is an independent private equity group consisting of a network of wealthy individuals that seeks growth investments in medium-sized privately held companies. Co-Investor looks for opportunities requiring €5 to €25 million of equity capital and generally invests alongside a lead investor. The Group concentrates its activity throughout German-speaking Europe. Co-Investor does not have an industry focus. Co-Investor was established in 2000 and is is based in Zurich.

DEAL STATS #
Overall 21 of 26
Sector (E-Commerce) 3 of 3
Type (Secondary Buyout) 1 of 1
Country (Germany) 14 of 18
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Keller Group

München, Germany

Keller Group is a digital premium provider of sports services, products, and own content, with premium membership as the core element. For millions of people in Europe, Keller Group has become THE place to go for products, content, and services related to an active life. Keller Group was founded in 2005 and is based in München, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-29 TSE Systems

Berlin, Germany

TSE Systems is a one-stop shop for preclinical in-vivo biomedical researchers. TSE Systems build, design, and customize equipment for metabolic and behavioral research, integrated wireless telemetry, and inhalation toxicology. TSE Systems was founded in 1886 and is based in Berlin, Germany.

Buy -

Seller(S) 1

SELLER

eEquity

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 2010
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

eEquity is a private equity firm focused on investing in Nordic internet and e-commerce companies. eEquity invests primarily in entrepreneur-led growth companies with potential to become market leaders. eEquity was formed in 2010 and is headquartered in Stockholm.

DEAL STATS #
Overall 5 of 8
Sector (E-Commerce) 3 of 4
Type (Secondary Buyout) 4 of 4
Country (Germany) 1 of 1
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-11 Ideal of Sweden

Norrkoping, Sweden

Ideal of Sweden sells mobile and fashion accessories with high design content through an online first direct-to-consumer model supported by a unique and global influencer network. Ideal of Sweden was founded in 2013 and is based in Norrkoping, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-20 Verso Skincare

Stockholm, Sweden

Verso Skincare is a premium skincare brand offering advanced and proprietary facial products. Verso Skincare was founded in 2013 and is based in Stockholm, Sweden.

Buy -
Mergr

Product

Company

Legal