LD&A Jupiter acted as exclusive financial advisor to WorkIT (Boulogne, France), in its fundraising with the private equity firm Audacia.
Benefitting from its vast experience in Big Data for e-Commerce, WorkIT collects data (prices and discounts, product features, consumer reviews, etc.) and processes it by integrating it into the world's largest database for e-Commerce products, building a reliable and accessible catalog.
WorkIT offers a comprehensive market overview to its clients, enabling them to analyze trends and developments in real-time through analysis, alert, and market benchmark software solutions that are easily accessible online.
Since its inception in 2006, WorkIT grew steadily and currently employs over 50 people in its European offices in Paris, London, and Düsseldorf. In addition, the company recently launched a dynamic and global recruitment strategy to support its ambitious product development roadmap and international expansion.
"This fundraising will allow us to strengthen our R&D efforts, widen our database with new categories and countries, develop new solutions and expand our international commercial presence”, Bernard Euverte, WorkIT CEO & Founder, said.
Francis Lorentz, LD&A Jupiter CEO, adds: “I am impressed by the efficiency of WorkIT in combining sophisticated tools to thorough collection and analysis of data, along with the ergonomics of its solutions. The quality of its client base (retailers and brands) enables WorkIT to have big ambitions of international development.”
Sandrine Vergnory-Mion, Principal at LD&A Jupiter, comments: “We are delighted to have advised WorkIT on this fundraising. We believe Audacia is the ideal partner to assist the company in its next development stage.”
With over 180 customers in Europe, WorkIT is the leader of Big Data for e-Commerce. Through its global database and e-Commerce products catalog, analysis, alert, and market benchmark software solutions, WorkIT provides its customers with distributors and renowned brands, and a 360-degree vision of their market in real-time. WorkIT’s database covers more than 17 countries in consumer electronics, home appliances, cosmetics, toys, and fashion. Founded in 2006, WorkIT operates from its offices in Paris, London, and Düsseldorf.
For more information, please visit www.workit.fr
SMEs financial partner, Audacia was launched in April 2007 by Charles Beigbeder and provides innovative financing solutions to profitable and growing businesses. Audacia assists their creation, development, or transmission by strengthening the balance sheet structure.
For more information, please visit www.audacia.fr
About LD&A Jupiter
LD&A Jupiter is a top-tier international corporate finance firm which focuses exclusively on transactions within the digital sectors (internet, software, telecommunications, and technology). With offices in London, Munich, Paris, Berlin, Amsterdam, Tokyo plus New York, and Los Angeles via LD&A Redwood, LD&A Jupiter has a presence in the most important financial and digital technology hubs. LD&A Jupiter has completed over 200 transactions of which 70% have been a cross border, including cross-continental to America and Asia.
For more information, please visit www.ldajupiter.com