Active sells Reviewpro via trade sale

The VC agreed to sell Reviewpro to Chinese listed corporate Shiji Information Technology, a big data application service. According to press reports, the Beijing-based corporate acquired a 79.47% stake in the business for $28m. The deal is reported to value the company at $35m EV.

The VC originally invested in the business via its second technology-dedicated vehicle, the 2010-vintage Amerigo Innvierte Spain Ventures FCR – formerly known as Active Venture II, which held a final close on €54m in September 2012. At launch, the fund manager did not name a target size.

Previous financing
In July 2013, Active injected €3m into the business as part of a €5.5m funding round.

Company
Founded in 2008 and based in Barcelona, Reviewpro develops a software focusing on online reputation feedback for hospitality companies. The company has 64 employees and posted annual revenue growth of 40% according to a statement.

People
Active Venture Partners – Christopher Pommerening (founding partner).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• Technology
• Southern Europe
• Venture
• Trade sale