PE Deals

Photo and video kit reseller MPB snags $70m

UK-based MPB, a reseller of photo and video kits, has secured $70 million in funding.

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private equity deals, PE Hub

UK-based MPB, a reseller of photo and video kits, has secured $70 million in funding. The lead investor was Vitruvian Partners with participation from return backer Acton Capital. Arma Partners was financial advisor to MPB on the transaction.

PRESS RELEASE

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to MPB on a $70 million investment led by Vitruvian Partners, with participation from existing investor Acton Capital.

Headquartered in Brighton, UK, MPB is the world’s largest reseller of photo and video kit. The used kit 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 take advantage of this growing trend.

The transaction underlines Arma Partners’ position as a market-leading advisor on private capital financings to clients across Europe through its Private Capital practice, utilising its strong connectivity across the full breadth of relevant investor categories globally. The transaction further highlights the firm’s deep sector expertise in digital platforms, and our position at the forefront of the intersection of the circular economy and technology following recent growth capital transactions for Catawiki and Swappie.

About Arma Partners
Arma Partners provides independent corporate finance advice to companies and investors active in the global Digital Economy. We act as trusted advisors to Digital Economy leaders throughout their entire corporate lifecycle, from raising private capital for fast-growing disrupters and founder-led businesses to orchestrating complex cross-border M&A deals for private equity investors and global large-cap public companies. Founded in 2003, Arma today employs a large dedicated advisory team with unparalleled domain expertise and an enviable track record in each of the diverse sub-segments that together comprise the ever-expanding global Digital Economy.