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Riverside accelerates Toolport platform expansion with strategic acquisition

The Riverside Company has formed a strategic partnership between its portfolio company Toolport, a European specialised online provider of professional tents and spare parts for the consumer and industrial markets, and GFP, a specialised online provider of greenhouses, raised garden beds and related products in the DACH region.

Riverside invested in Toolport in 2019 and, since then, has worked with Toolport’s management to significantly grow the business through a dedicated internationalization strategy, as well as through enhancements to key operational areas such as procurement, logistics and marketing.
 
GFP and Toolport share a common DNA – both companies are specialised online providers and passionate about their customers and products. In recent years, Toolport has developed into a strong pan-European platform that now enables GFP to exploit the potential of its product category across Europe.
 

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