April 9, 2021
Technology, Consumer, Retail, E-commerce and Leisure, Digital Media and Media
GCA Altium advises Vitruvian Partners on leading the GBP 50m Series D fundraise for MPB
GCA Altium acted as exclusive financial advisor to Vitruvian Partners on their investment in MPB, the world’s leading online marketplace for used photo and video equipment.
Established in 2011, MPB is the world’s largest online reseller of photo and video equipment, selling over 300,000 cameras, lenses and other pieces of equipment each year. The used equipment market is in a period of significant expansion as more consumers purchase sustainably in the circular economy.
Supported by this new funding, and with established locations in the UK, US and Germany, MPB is well-positioned to capitalise on this growing trend.
Vitruvian is one of the pre-eminent investors in online marketplaces, having previously deployed capital into businesses including Vestiaire Collective, Farfetch, Just Eat, Skyscanner and Carwow.
This transaction represents yet another successful deal for GCA Altium in the e-commerce and digital marketplaces space, having completed more than 15 deals in Europe over the past year.