BarentsKrans (the Hague, the Netherlands) assisted European special situations investor North Wall Capital in providing a loan facility in the amount of €30 million to Dutch eCommerce scale-up Dwarfs.
Dwarfs will use this financing to bolster its buy-and-build strategy relating to eCommerce brands. Dwarfs is the first eCommerce scale-up in the Netherlands and focuses on acquiring and consolidating eCommerce brands that are experiencing rapid growth on the bol.com and Amazon platforms, amongst other markets.
North Wall Capital provides private capital to special situations in Western Europe and currently has around €700 million in assets under management.
The BarentsKrans team was led by finance partner Jason van de Pol and included associate David van Groen (finance) and senior associate Koen van Wijk (civil law notary).