
Acton Capital Partners backs Momox
Venture capital firm Acton Capital Partners has invested in online buy-back service Momox GmbH.
The company has a turnover of more than €20m. The funding will be used for further growth of the company. Acton Capital will take a minority stake in Momox.
Momox is an online buy-back service for media products and was founded in 2006. The Berlin-based firm currently employs 150 people.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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