Razor Group Receives $70M Investment
- Razor, a Berlin, Germany-based aggregator of e-commerce consumer goods businesses, received a $70M investment
- The round was led by L Catterton with participation from 468 Capital and Presight Capital
- The company intends to use the funds to execute selected consolidation opportunities, to support organic growth initiatives focused on brand extensions and new product development, and to expand its international presence
- The company acquires profitable Amazon FBA businesses and other online marketplaces sellers which have demonstrated product quality, customer satisfaction and business acumen
- The company combines growth capital with extensive e-commerce expertise, thereby ensuring that the acquired businesses reach the next stage in their development