Private Sale Gmbh, the company operating the private shopping community site brand4friends, acquired TripHunter.de, a private online travel club.
The Berlin-based company, owned by a consortium that includes Mangrove Capital Partners is providing a supposedly good exit for the investors in the 2-years-old travel community, which include famous german business angels Lukasz Gadowski and Oliver Jung BVP Berlin Venture Partners and the swiss Redalpine Venture Partners.
Private Sale also invested a “multi million” amount into UK’s Secret Sale, as reported by TechCrunch in February.
Brands4friends.de made €80 million in sales in 2009, a three-fold increase on the year before, and it ranks as the biggest online shopping club in Germany and Austria, the two markets where it already operates. It became profitable within two years of its launch in 2007 and has 2.5 million members and currently stocks products from around 400 fashion brands.
