BarentsKrans assisted the European special situations investor North Wall Capital in providing a loan facility in the amount of EUR 30 million to Dwarfs.
Dwarfs will use this financing for its buy-and-build strategy with respect to e-commerce brands. As the first e-commerce scale-up in the Netherlands, Dwarfs focuses on acquiring and consolidating e-commerce brands that are experiencing rapid growth on, amongst others, the bol.com and Amazon platforms.
North Wall Capital provides private capital to Western European special situations. The firm currently has approximately EUR 800 million in assets under management.
Jason van de Pol, David van Groen and Koen van Wijk acted as legal advisors in this transaction.