List of 7 E-Commerce Family Office Investors in Western Europe

Investor	PE Assets $mlns	Portfolio	M&A Activity Buy vs Sell, Last 5 Years
Florac Paris, France Family Office • 2009 • website See all 8	-	25	19
Verlinvest Brussels, Belgium Family Office • 1995 • website See all 12	2,028	47	28
Koehler Group Stuttgart, Germany Family Office • 2017 • website See all 6	-	1	1
Aquasourça Luxembourg, Luxembourg Family Office • 1996 • website See all 2	200	20	20
THI Investments Stuttgart, Germany Family Office • 2016 • website See all 6	2,028	8	8
PPF Group Amsterdam, Netherlands Family Office • 1991 • website See all 3	45,076	23	20
Compagnie d'Anjou Paris, France Family Office • website See all 1	-	7	6

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Western Europe E-Commerce Family Office Investors