Latest news with #InfinitasCapital
Yahoo
6 days ago
- Business
- Yahoo
Kanaan Sellers Group Prepares for Nasdaq Nordic Listing
Set to become Europe's first publicly listed eCommerce aggregator BASEL, Switzerland, June 02, 2025--(BUSINESS WIRE)--Kanaan Sellers Group ("Kanaan"), a leading European eCommerce aggregator focused on kitchen, home, and outdoor living brands, announces its intention to go public on the Nasdaq First North Premier Growth Market later this year, targeting a valuation around Euro 40mn in early Q4. Founded by former Goldman Sachs Director Mike Vermeulen, Kanaan has built a robust and profitable business model in a challenging eCommerce environment. In an industry that has seen significant transformation including consolidation and shifts in strategies among aggregators, Kanaan has achieved profitable, sustainable growth by acquiring, operating, and scaling high-margin, niche consumer brands. Kanaan's focused and capital-efficient approach – favouring equity financing over venture debt for its initial acquisition phase – has proven to be a winning strategy. Backed by Infinitas Capital, a next-gen single-family office led by Robin Lauber, Kanaan has grown to manage 12 brands across nine European markets, generating seven figure EBITDA in 2024. Kanaan runs a well-diversified product portfolio with over 400 SKUs sold across all major platforms – including Amazon, Otto and Galaxus – while its proprietary direct-to-consumer channels are driving growth and customer engagement. Kanaan has plans to expand beyond Europe into the UK and the US. Mike Vermeulen, CEO and Co-Founder of Kanaan Sellers Group, said: "Over the past three years, we have built a business that not only withstands a challenging market but does so profitably. In a frequently maligned sector, we have emerged as a standout performer. What sets us apart is our disciplined approach to capital allocation and acquisitions, even during market highs; best-in-class working capital financing; and an experienced team of professionals in finance, supply chain, and e-commerce. This is an opportune moment in the market, where high quality brands are available at extremely attractive valuations, and we have a proven business model to scale them. "A Nasdaq Nordic listing would reflect both the strength of our European operations and the appeal of the region's diverse and engaged investors. It marks the next step in our growth and will provide a strong capital base to accelerate expansion." Kanaan's agile and opportunistic approach capitalises on the unique post-pandemic window of opportunity. This ability to act quickly in a buyer's market has allowed Kanaan to acquire quality, founder-led brands at compelling valuations. Kanaan's flagship brand, Springlane, demonstrates the company's value creation strategy. A multi-category kitchen brand active in six countries, Springlane continues to contribute substantially towards overall revenues. It is a true multi-channel business, and direct-to-consumer channels are supported by original content and a loyal customer base. It is a case in point of Kanaan's ability to scale and integrate acquisitions, and serves as a repeatable blueprint for future growth. The proposed IPO will provide growth capital and increased market visibility, strengthening Kanaan's ability to acquire and partner with founder-led business. As the global eCommerce retail market continues its upward trajectory, expected to reach $6.5 trillion by 2028, Kanaan is uniquely positioned to lead value-driven consolidation across a fragmented and undervalued sector. Robin Lauber, Founder of Infinitas Capital, commented: "We are extremely proud to support Kanaan Sellers Group as they continue to demonstrate their ability to create lasting value. Mike and the team have built a profitable growth engine, driven by a clear strategy of identifying value, executing quickly, and integrating effectively. As they prepare to enter the public markets, we look forward to their continued success as they lead the next wave of eCommerce consolidation." View source version on Contacts For more information, visit or contact: RosewoodEmail: media@ Phone: +44 (0)20 7653 8702 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
30-05-2025
- Business
- Bloomberg
Lauber Family Office Eyes Three Stockholm Listings This Year
The Lauber family's investment firm is working on listing three portfolio companies in Stockholm this year, as the heirs to a real estate fortune seek to take advantage of liquid Nordic markets. The wealthy Swiss clan's Infinitas Capital is planning to float e-commerce aggregator Kanaan Sellers Group and Miami-based edtech business Storypod in Sweden this year, co-founder Robin Lauber said in an interview.
Business Wire
12-05-2025
- Business
- Business Wire
Infinitas Capital Backed HausVorteil Appoints New CFO
BASEL, Switzerland--(BUSINESS WIRE)--Ahead of its proposed listing in Munich later this year, HausVorteil – backed by Infinitas Capital – is delighted to announce that it has appointed Sören Ploschke as CFO. HausVorteil, based in Hamburg, is a pioneering company in the equity release sector that offers a range of financial products that enable homeowners in Germany to release the assets tied up in their properties, tailored to their individual needs. Sören has substantial listed company experience having held previous roles as Head of Finance at Düsseldorf listed Tick Trading Software AG and Senior Finance Manager of Frankfurt listed Heliad AG. His skills include financial management, investor relations, strategy development and restructuring. These will be of substantial benefit as HausVorteil transitions from a privately owned into a public listed company. The company has already converted from a GmbH into an AG. The listing will provide HausVorteil with access to capital and an increased profile as it scales its model, taking advantage of the rebound in Germany's residential property market. Infinitas is a Swiss family office known for its extensive expertise in real estate investments, innovative startups, and capital markets. Under the leadership of Robin Lauber, Infinitas is expanding its investment perspective and aims to redefine the role of family office investments by focusing strongly on real estate, societal issues, and innovations. Sören Ploschke, the new CFO of HausVorteil, said: 'I am really excited to join HausVorteil as CFO at this pivotal time, as the company prepares to list. The company is well positioned to become a leader in what is a relatively new sector in Germany, but well established elsewhere. The support from Infinitas provides us with strong financing, and a cornerstone investor with a long term view that should prove a great benefit when we list, which in our view represents a great opportunity for retail and institutional investors alike. 'In addition to all the positive activity around the listing, I also look forward to supporting the development and expansion of HausVorteil, its product range, and its commitment to addressing pressing societal issues and creating positive change.' Dirk Hotopp, Managing Director at HausVorteil, said: ' We were immediately drawn to Sören's competences in the management and development of medium-sized companies. He is excellently placed to steer us through our listing and beyond, with his clear leadership skills, high standard of service and entrepreneurial vision. 'I am delighted to have Sören on the team as we work towards further financial and operational growth, expanding the product range, attracting more direct customers, growing white-label solutions, and expanding our network of partners.' Robin Lauber, Founder at Infinitas Capital, concluded: "HausVorteil has continued to prudently evaluate capital markets, and we are delighted with the company's work towards listing. This marks a pivotal step towards accelerated growth, an expanded product range, and geographical reach. "The societal benefits of HausVorteil, and business case for the company, remain rock solid. The partial purchase model, or full purchase model with living rights, enables homeowners to adapt their living spaces according to their needs. The combination of these social and financial benefits is the reason why we support the company, and we look forward to its future plans.'
