Houlihan Lokey Advises Onlineprinters

Transaction: onlineprinters - Bregal Unternehmerkapital

Houlihan Lokey is pleased to announce that Onlineprinters (the group), a portfolio company of funds advised by Bregal Unternehmerkapital (BU), has successfully placed a €225 million inaugural Nordic Bond due 5 June 2029 and raised a new Super Senior RCF to (i) refinance existing debt and (ii) finance organic and inorganic growth ambitions. Houlihan Lokey served as the exclusive financing advisor to the group. The transaction closed on 6 December 2024.

Headquartered in Fürth, Germany, Onlineprinters is a leading European tech-enabled B2B printing platform for efficient, customised mass communication. As one of the first online printers in Europe, the group is today focused on serving more than 1 million highly diversified SME customers in over 15 countries. With approximately 1,500 employees in Germany, U.K., Denmark, Poland, and Spain, Onlineprinters is fulfilling the communication needs of its customers with personalised paper and nonpaper-based products ranging from flyers to entire exhibition stands.

BU is a leading investment firm with offices in Zug, Munich, and Milan. With c.€7 billion in capital raised to date, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU invest in midsized companies based in Germany, Switzerland, Italy, and Austria. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and “hidden champions” with strong management teams and outbreak potential. Since its foundation in 2015, the funds advised by BU have invested over €3 billion in more than 100 companies.

Houlihan Lokey served as the exclusive financial advisor to Onlineprinters and played a critical role in the transaction, helping the group throughout the financing process.

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