Eight Advisory carries out the financial and fiscal vendor due diligence of Sendinblue
Eight Advisory has been mandated to carry out the financial and tax due diligence of Sendinblue in the context of a €140 million fund raising from Bridgepoint Development Capital and Bpifrance.
Sendinblue is a young French company founded in 2012, which provides a platform from which SMEs can manage their digital marketing. With a total of 400 employees, the company has recorded a 50% growth during the Covid-19 lockdown, bringing its number of user companies to 180,000 in 160 countries. This growth should allow it to reach a turnover of around 50 million euros in 2020.
This €140 million fund raising, part of which in debt, from Bridgepoint Development Capital and Bpifrance should enable Sendinblue to accelerate its development in the United States, the world’s leading market for deploying its marketing tool platform for SMEs.
Eight Advisory carried out the financial vendor due diligence, the team consisted of Justin Welstead and Justine Roux.
Eight Advisory Avocats performed the tax vendor due diligence, the team was composed of Guillaume Rembry and Baptiste Gachet.