TA Associates, a growth private equity firm, has completed an investment in Onlineprinters, one of Europe’s largest online printing companies.
Terms of the investment have not been disclosed.
Founded in 2004, Onlineprinters is one of the largest web-to-print providers in Europe. Also operating under the brand DieDruckerei, the company provides cost-efficient, on-demand printing of marketing materials primarily for small and medium size businesses and marketing agencies. Onlineprinters serves 30 countries across Europe and is headquartered in Neustadt an der Aisch, Germany.
“Onlineprinters’ on-demand model is transforming the business printing market with extremely low prices and a reputation for quality and reliability,” says Dietrich Hauptmeier (pictured), a senior vice president at TA Associates (UK), who will join the company’s advisory board. “Onlineprinters’ large customer base and strong pan-European brands have led to a ten-fold increase in revenues over the last eight years under Walter Meyer’s leadership.”
“We are very pleased to welcome TA Associates as the first institutional investor in Onlineprinters,” says Walter Meyer, chief executive, Onlineprinters. “TA is an attractive partner for a number of reasons, including its proven management-friendly approach and experience as a successful investor in the e-commerce sector. TA has relevant experience internationalizing successful business models and we will leverage TA’s financial support, guidance and contacts as we seek to further expand our position among the top online print shops in Europe.”
Willkie Farr & Gallagher provided legal counsel to TA Associates. Onlineprinters was advised by Altium Capital as financial adviser and Linklaters as legal counsel.
