DGAP-News: Heliad Equity Partners GmbH & Co. KGaA: Heliad portfolio company SPRINGLANE successfully closes EUR 10 Mio. financing round
DGAP-News: Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Investment
Frankfurt am Main, August 8, 2019 - Springlane GmbH, a portfolio company of Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5 / Ticker: HPBK), successfully closes a financing round, receiving a total of EUR 10 Mio. from Apeiron Investment Group, S-UBG Group and existing shareholders to finance further growth.
Steady transformation of the business model in 2018 convinced investors to invest in further expansion. The team, led by company founder Marius Fritzsche, succeeded in transforming the company from an online retailer into a profitable brand manufacturer within just a few months. Specializing in online and social media, Springlane built millions of strong foodie communities with high-quality content on cooking, baking and grilling. Under the Springlane and Burnhard brands, Springlane offers its own products such as ice cream machines, pasta machines, mixers, pots, pans, crockery, pizza ovens, grills and selected accessories. Springlane also operates an agency and media business for food manufacturers who want to build digital positioning or strengthen their reach. Idea conception, creation, production and distribution are all developed in-house.
Heliad remains the largest institutional investor after the current round with 26,5% ownership of Springlane.
Further information about Heliad can be found at www.heliad.com
08.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Heliad Equity Partners GmbH & Co. KGaA|
|60322 Frankfurt am Main|
|Phone:||+49 69 71 91 59 65 0|
|Fax:||+49 69 71 91 59 65 11|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||854279|
|End of News||DGAP News Service|