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Sector: Digital Consumer Services

Country: UK

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.