Ehrhardt Leus & Associates supported the shareholders of Albumprinter BV in facilitating growth capital from Van den Ende & Deitmers Venture Partners, to accelerate growth and international expansion.
Albumprinter is a highly successful online photo book service. The company is the Dutch market leader in the photo book space and one of the major players in Europe. The company grew it’s revenues from € 5 mln in 2005 to € 37 mln in 2010.
Current status:
Albumprinter was sold to Vistaprint in 2011 for over € 60 mln, after a successful international expansion with multiple acquisitions.
About Albumprinter:
Albumprinter is a top 5 player in the worldwide online photo book market. The company was sold to Vista Print in October 2011.
About Van den Ende & Deitmers Venture Capital Partners:
Van den Ende & Deitmers is a dynamic venture firm driven by the entrepreneurial roots and dedicated to building companies of lasting value. The company provides growth capital to both early stage and later stage West European crossmedia companies with international growth potential. The focus areas include content, platforms, e-commerce and ICT-services.