A Swiss firm offering third party private equity services has stuck a partnership with a top European venture capital scheme in an attempt to foster entrepreneurship and assist start-up companies in getting access to venture capital in a quick and efficient manner.
DealMarket, who among other things provide a platform for start-up businesses to search for financial backing and help private equity firms to track down promising new investment opportunities, have announced a deal with CapitalOnStage, who organise unconventional conferences where leading investors pitch their services to some of the brightest start-up entrepreneurs in Europe.
The deal will see CapitalOnStage use DealMarket’s online deal management tools to increase the visibility of promising new businesses by linking them to their wide network of respected investors. Potential investors will receive unfiltered access to DealMarket’s database of start-up companies allowing them to quickly find exciting clients with which to bolster their portfolio. If an agreement is reached, a start-up can then also post details of the deal for all of the website’s 35,000 global users to see.
CEO of CapitalOnStage, Arjen Strijker thinks the new partnership offers fantastic opportunities for both start-up companies and firms in the private equity and venture capital sectors, “I was looking for a partner who could really deliver on its promise to run an online marketplace for venture capital and private equity deals professionally. With our long-term partnership we are able to offer our combined clients the opportunity to source and manage deals in one place. I strongly believe that the virtual fosters the physical – now and in the future”
DealMarket CEO Urs Haeusler is equally satisfied with the agreement and believes it offers those in the sector a more transparent marketplace in which to do business, “DealMarket steps from the virtual world into the real world.” said Mr Haeusler, “With this cooperation we are consistently pursuing our vision to build an ecosystem for investors and capital seekers to provide better, simpler and more transparent access to capital and investment opportunities around the world.”
The two firms will begin work in 2013 on a series of conferences around Europe, with dates already confirmed in Berlin and London for early next summer.
More information here: DealMarket in the press.