Project A invests in Onlineprinters: Growth sector online printing
E-commerce company wins another partner to promote growth and expansion
After Bregal Unternehmerkapital acquired the majority of Onlineprinters GmbH, the Berlin-based Project A Ventures has also invested in the printing company. The venture capital investor has invested a sum in the single-digit million range in Onlineprinters. Moreover, Dr. Florian Heinemann, the founder and manager of Project A, joins the company's advisory board. Being one of Europe's leading online print companies, Onlineprinters produced more than 2.1 billion printed products last year, from flyers to full-fledged exhibition stands. The company has delivered to 500,000 customers so far and employs a workforce of more than 600. Internationally, the e-commerce company operates under the brand name Onlineprinters in 30 countries; in Germany, it trades under the name diedruckerei.de
Project A Ventures is known as a venture capital company that boosts the success of its portfolio companies by contributing its own operative resources. Besides various early-stage investments, Project A has realised huge successes with investments in other market leaders in the industry.
"Onlineprinters has shown impressive growth performance over the past years and is already established in dozens of international markets. By taking our experts on board, we can achieve further improvements in Performance Marketing, CRM, Business Intelligence and Internationalisation," says Dr. Florian Heinemann, the founder and manager of Project A. "We believe that this joint investment with an experienced private equity partner is the recipe for success of our operative VC approach."
Dr. Michael Fries, CEO of Onlineprinters GmbH, on the new partner: "With Bregal Unternehmerkapital as a majority investor at our side, we can rely on a specialist for medium-sized business excellence. We are pleased to additionally welcome the e-commerce experts of Project A as our partner. We have thus set the course for dynamic growth and further strengthening our position as a leader in the European online printing industry."
Patrick Piecha
Head of Press & Public Relations
press@onlineprinters.com
Tel.: +49 9161 6209807