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GP Bullhound advises Internet grocery retailer, MatHem.se, on its expansion capital round


Stockholm 28 June 2012 For immediate release

GP Bullhound successfully advises Swedish Internet grocery retailer, MatHem.se, on its expansion capital round

GP Bullhound, the technology investment bank, announces the completion of an expansion capital round for MatHem i Sverige AB, Sweden’s leading online grocery store offering both groceries and ready-made food bags (“Matkassar”). The round was led by Verdane Capital. MatHem.se has shown impressive growth over recent years and continues to rapidly expand its consumer base. Notably MatHem.se recently announced the acquisition of Tasteline.com from Schibsted and Netxtra from the Swedish high street grocery retailer Axfood, in order to cement its position as the leading online grocery store in Sweden.

GP Bullhound advised MatHem.se on this interim funding round in advance of a planned external financing round by end of 2012. This represents GP Bullhound’s sixth transaction in the Nordic region in the last twelve months. Other recent transactions within the retail sector include advising HMV on the sale of its stake in Anobii to Sainsbury’s, and We7 on its sale to Tesco.

Tomas Kull, founder and CEO commented:
“I enjoyed working with GP Bullhound who proved a valuable partner, offering much appreciated support throughout the process'

About GP Bullhound
GP Bullhound is a leading investment banking firm providing advice on mergers & acquisitions and institutional capital-raising to emerging growth companies in the Technology sector. The firm was established in 1999 and has a proven track record with well over 100 completed M&A and Private Placement transactions on behalf of leading global entrepreneurs and business builders. The firm’s international team, comprised of some of the most experienced technology advisory professionals, together with its dedicated approach has helped establish its leading global position. GP Bullhound has strong domain expertise in the areas of Internet and Digital Media, Software and Services, CleanTech and Hardware, with a focus on providing pre-eminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.


For enquires contact: Lina Einarsson +44 207 101 7560; lina.einarsson@gpbullhound.com
www.gpbullhound.com


Publisher Contact Information:

GP Bullhound Limited
+44 207 101 7560
lina.einarsson@gpbullhound.com

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