- Sector: Media & Internet
- Deal Type: Founder-led Businesses; Private Capital
- Engagement type: Fundraise
- Size: $70 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to MPB on a $70 million investment led by Vitruvian Partners, with participation from existing investor Acton Capital.
Headquartered in Brighton, UK, MPB is the world’s largest reseller of photo and video kit. The used kit market is in a period of significant expansion as more consumers purchase sustainably in the circular economy.
Supported by this new funding, and with established locations in the UK, US and Germany, MPB is well-positioned to take advantage of this growing trend.
The transaction underlines Arma Partners’ position as a market-leading advisor on private capital financings to clients across Europe through its Private Capital practice, utilising its strong connectivity across the full breadth of relevant investor categories globally. The transaction further highlights the firm’s deep sector expertise in digital platforms, and our position at the forefront of the intersection of the circular economy and technology following recent growth capital transactions for Catawiki and Swappie.