MonShowroom.com raises €4.3m to support its growth.
Transaction led by Clipperton Finance, acting as Sole Manager.
Paris, – March 10, 2009
Clipperton Finance, a leading European corporate finance boutique dedicated to the High Tech and Media industries, today announced the closing of a second round of financing for MonShowroom. Based in Marseille (France), MonShowroom is an online in-season prêt-a-porter retailer, dedicated to young women and offering more than 60 fashion brands (American Vintage, Antik Batik, French Connection?). Alven Capital and Crédit Agricole Private Equity joined to complete the €4.3m fund raising. This operation will help the company accelerate the development of its offer and functionalities, strengthen the team and support the marketing expenses as well as the expansion on new markets.
Commenting on the transaction, Séverine Grégoire and Chloé Ramade, co-founders of MonShowroom, said “Clipperton Finance understood our vision from the very beginning. They helped us to find the perfect match with investors sharing our objective to become a leading player of the online in-season fashion market in Europe”.
Thomas Neveux, Partner with Clipperton Finance added “MonShowroom is already leader on its local market and I am glad we could arrange this round that will allow the company to execute its ambitious development plan and become a massive success, comparable to the ones e-commerce has seen in the past in Europe.”
For more information, please contact:
Domitille Romand/ Virginie Andres, Press Contact
Tel: +33 1 42 68 31 35
Thomas Neveux, Partner, email@example.com
About Clipperton Finance
Based in Paris and London, Clipperton Finance is a European corporate finance boutique dedicated to the High Tech and Media industries. Clipperton is focused on start-up and high-growth companies in the Internet, Software, Telecom, Components, CleanTech, MedTech and Media spaces, advising them in their financial transactions: fundraising/capital increases and Mergers & Acquisitions. Over the past years the company and its team have successfully structured numerous high level international transactions in the European High Tech sector.