- Sector: Media & Internet
- Deal Type: Founder-led Businesses; Private Capital
- Engagement type: Fundraise
- Size: $170 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Rohlik Group on a $170 million capital raise. The investment was led by the European Bank for Reconstruction and Development alongside existing investors Sofina, Index Ventures, Quadrille and TCF Capital and complemented by growth capital funding from the European Investment Bank under its Scale-Up Initiative.
This is the fourth $100+m growth capital raise for Rohlik that Arma Partners has acted on as exclusive advisor.
Headquartered in the Czech Republic, Rohlik is fast becoming Europe’s food retail technology leader. The Company delivers over a million orders per month, offering customers across the Czech Republic, Hungary, Germany, Austria and Romania one of the broadest and most differentiated assortments available in the online grocery space. Its highly automated operations are underpinned by a host of AI, ML and robotics technologies ensuring fast and reliable delivery, whilst achieving industry-leading efficiency metrics.
The investment will be used for targeted expansion across the CEE and DACH regions. Rohlik is currently expecting revenues of over €1 billion for the 2024 financial year.
The transaction exemplifies the position of Arma Partners’ Private Capital practice as a trusted advisor to fast-growing companies and their founders across Europe, our unique access to, and strong connectivity with diverse pools of capital across the world, and our comfort with working closely with our clients across the capital structure. The transaction further reaffirms Arma Partners’ experience as a leading specialist advisor across FoodTech categories – this being the 9th FoodTech fund raise in recent years – and underlines our growing footprint in the CEE.