January 26, 2015
London – GrowthPoint Technology Partners acted as an exclusive financial advisor to Bundle Tech Limited, the operator of DutyCalculator on its acquisition by Borderfree (Nasdaq: BRDR). DutyCalculator makes import duty and taxes easy for global ecommerce. The transaction will accelerate Borderfree’s international strategy and data service capabilities.
Markus Salolainen, Managing Director at GrowthPoint, commented:
“DutyCalculator provides key technology capabilities, critical to the global ecommerce market. As part of our tailored outreach process, its value was realized by multiple partners across the global ecommerce value chain. Borderfree provided the best opportunity and is a natural fit for the company’s technology, products and employees. It was a true privilege for GrowthPoint to work with DutyCalculator and Borderfree and we look forward to seeing the two companies realize their shared vision for the growth of global ecommerce”.
For additional information on the transaction please refer to BorderFree’s press release.
Please contact Michael Shepherd should you be interested in learning more about GrowthPoint’s perspective on technology transactions like these.
About GrowthPoint Technology Partners
GrowthPoint Technology Partners provides M&A and financial advisory services to technology companies around the world. We have the depth of expertise acquired from hundreds of completed transactions and we recognize that what matters is getting you the best deal, not just getting the transaction completed. As former CEOs, founders, inventors, venture capitalists and advisors, we bring the wealth of strategic and financial experience to our clients with the sole objective of helping them achieve success.
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