Gimv leads €9m round for Private Outlet

Gimv invested €4.9m and was joined by Turenne Capital. BayTech Venture Capital, GP Bullhound and Kreos Capital - which all participated in a previous €7.3m round in 2008 - also took part in the transaction.

Private Outlet is an e-commerce company based in La Plaine Saint-Denis, near Paris. The website focuses on private sales of high-end fashion items, including clothing and accessories. It currently employs 105 staff and has posted triple-digit annualised growth since its inception in 2007. The fresh funds will allow Private Outlet to pursue several development projects, including a possible European expansion.

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 Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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• Topics
• France
• Consumer
• Expansion
• Gimv
• France