Sector: Digital Consumer Services
Investment date: April 2016
Transaction type: LBO Financing
Instrument: Second Lien
Ownership: Exponent Private Equity and Electra Partners
Photobox Group is the leading European online retailer and manufacturer of personalised photo albums, gifts and greetings cards. The company operates through four main brands: Photobox (mainly France and UK), Hofmann (Spain), Poster XXL (Germany), and Moonpig (UK).
Photobox was acquired by Exponent Private Equity and Electra Partners from a syndicate of VC funds in October 2015. FACS provided a Second Lien facility to support the acquisition.