PE-backed Camping and Co merges with Campsy

Launched in 2016, Campsy is backed by Berlin-based incubator Rocket Internet.

Newfund first backed Camping and Co in 2010 in a €500,000 seed round. Two years later, the company received a further injection of €1.5m, to which Otium also contributed.

Rocket Internet's Campsy will become the majority owner of Camping and Co, with the two VC backers making a partial exit but still staying on as minority shareholders.

The combined entity should offer its clients a listing of around 2,000 camping sites located around Europe. Campsy brings in German and Dutch sites while Camping and Co (also known as Holidays&Co) has stronger positions in France, Portugal, Spain and Italy.

The new company aims to generate a turnover of €20m for 2017. It will employ 50 full-time staff.

Company
Founded in 2012 by Jean-Michel Maurer, Camping and Co is an online booking platform for camping holidays listing sites in France and Europe. The company, which claims to have around 1,500 camping sites listed on its platform www.camping-and-co.com, is headquartered in Ille-et-Vilaine, France.

Launched in 2016, Campsy is an online booking platform for camping holidays, listing sites located in the Netherlands and Germany. The company lists the sites through websites www.campsy.de, www.campsy.nl, and www.campsy.com.

Advisers
Vendor – Linkers (corporate finance); MF2A, Romain Franzetti, Gramond & Associés (legal).

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