WeTransfer acquires Present Plus Studios
With more than 85 million transfer per month, Amsterdam (the Netherlands) based WeTransfer is one of the most successful file-sharing services in Europa and the US. The companies were already very close: Present Plus had worked on building several of WeTransfer’s products, including its mobile apps. Clients of Present Plus include including Adidas, MR PORTER, British Airways, PostNL, Sonos and Christie’s. Present Plus’ design team will be integrated into WeTransfer’s design team. The transaction allows Wetransfer to focus more on its product design. Initially the design team of WeTransfer shall work on WeTransfer’s website and its upcoming OSX (Mac) desktop app and its website.
The transaction was extensively covered in (online) media, including Techcrunch (http://techcrunch.com/2016/03/10/wetransfer-present-plus/) and Emerce (http://www.emerce.nl/nieuws/wetransfer-koopt-digitaal-designbureau-present-plus).
De Metz Otto Nunnikhoven advised on a venture capital transaction whereby Present Plus acquired a shareholding interest in Plan to Meet B.V., owner of, amongst others, datumprikker.nl and plantomeet.com
Datumprikker.nl is the number one Dutch calendar and scheduling app used with a Dutch user base of plus 7 million. Datumprikker and Plantomeet are available in (Apple’s) App Store and Google Play. Plantomeet is the most downloaded calendar app and one of the most popular productivity tools.
Present Plus is a design driven startup studio that builds and invests in startups and a team of creatives that helps global brands craft their story through the power of film and design. Present plus strives to build and share products that people love to use.
De Metz advises Mangrove Capital Partners on the investment in Synerscope, a pioneer developer of fast, sense-making Big Data Analytics technologies
De Metz advised on a venture capital transaction whereby an Mangrove Capital Partners, took a Series A shareholding interest in Synerscope, a Dutch pioneer developer of fast, sense-making Big Data Analytics technologies. SynerScope is a leading provider of enterprise business analytics products focusing on big data and business intelligence for banks and insurance companies. Click here for the press release.
De Metz (Otto Nunnikhoven and Peter Visser) acted for Mangrove on this transaction.
Mangrove Capital Partners (www.mangrove.vc) is a leading early stage venture capital firm. Its team chases bold, transformational ideas around the world, with a combined focus on Europe, Israel, India and Russia. Mangrove works with top entrepreneurial talent at the earliest stages of innovation, with the aim of being the first institutional investor: the firm has co-created projects and regularly injects funds prior to product launch, often in unproven, unusual or unfavoured technologies. Its team brings rich and diverse experience in industry as well as technology, and its entrepreneur-centric approach ensures founders have the support, encouragement and experience they need to build disruptive, global companies.
With $750 million under management, Mangrove has the capacity to support its portfolio through multiple rounds of financing and is the largest shareholder in many of its best performing companies. Founded in 2000, Mangrove has invested in more than 70 companies, including Skype (sold to eBay), Wix.com (Nasdaq:Wix), Brands4Friends (sold to eBay), Nimbuzz (partially sold), Freedompop and KupiVIP. Mangrove has consistently featured among the top performing venture capital funds in the industry