Funds advised by BU Bregal Unternehmerkapital (“BU”) have acquired a majority stake in parcel locker solutions company SwipBox International A/S (“SwipBox”) through INPS A/S from EIFO and the Clausen Group.
Founded in Denmark in 2012, SwipBox has developed a highly scalable hardware and software platform that enables logistics providers and e-commerce retailers to deploy dense, cost-efficient locker networks with minimal infrastructure requirements. SwipBox has more than 50,000 lockers installed across 30+ countries and operates established parcel locker networks in the Nordic region and Eastern Europe, while actively expanding into additional key European growth markets.
As part of the transaction, SwipBox’s management team will reinvest and continue to drive the company’s long-term growth strategy.
BU is a leading investment firm with offices in Zug, Munich, Milan and London. With more than EUR 7bn in assets under management, BU is the largest mid-cap investor headquartered in the DACH region. Since its founding in 2015, the funds advised by BU have invested in more than 160 companies with almost 32,000 employees.
BU will now support SwipBox in accelerating its international expansion and further strengthening its position as a leading European platform for automated parcel locker networks.
The transaction is subject to certain conditions.
Accura advised BU in connection with the transaction.