Sticker App

November 2019

BUYER

Creades AB (publ), founded in 2011, is a Swedish listed investment company with SEK 4 billion of assets under management. Creades invests in small and medium-sized public and private companies that have the potential for revaluation and value creation. The principal investment strategy is to act as an engaged owner and create shareholder value through operational, structural and/or financial change initiatives.

TARGET

PRNT Printing Solutions AB, founded in 2006, is a fast-growing tech-enabled e-commerce company within digital printing. The Company sells its products to more than 40 countries worldwide where the US, Nordics and the UK are the largest markets. The Company’s core product is fully customized stickers sold through the channel StickerApp.com and the Company sells to both consumers and businesses. The offering is complemented by phone cases and computer skins sold through CaseApp.com and other custom-made digital printing products sold through stickit.se. The Company serves more than 100,000 customers per year and is projected to reach sales of SEK 125m in 2019 with a +40% operating margin. PRNT has grown by 50% per year during the past two year, achieved through a solid digital marketing strategy and a highly automated order-to-delivery workflow. PRNT’s HQ is based in Lomma, Sweden where all manufacturing is also located. PRNT with subsidiaries have c. 50 employees whereof c. 45 are based at the HQ.

SELLER

The company's founders, who will remain as shareholders.

TRANSACTION

Structured auction process with financial sponsors.