Shopware AG (Shopware), a digital commerce software solutions provider in the DACH region, has raised USD100 million in growth capital from global investment firm, Carlyle (NASDAQ: CG), and PayPal (NASDAQ: PYPL), the global payments and commerce platform.
Founders Sebastian and Stefan Hamann will retain a significant majority stake in the business and remain co-CEOs of the company. Carlyle and PayPal’s growth capital will help drive Shopware’s international expansion and the development of new products.
Equity for the transaction will be provided by Carlyle Europe Technology Partners (CETP) IV, a EUR1.35 billion fund that invests in small and mid-market technology-focused opportunities.