Blueprint Partners acted as sole Financial Advisor
Paris November 7th, 2018 – Blueprint Partners announces Loisirs Enchères €4m series A led by Fonds Ambition Numérique (FAN) managed by BPIfrance, with co-investment from Galia Funds, GSO Innovation and Crédit Agricole Aquitaine Expansion.
Based in Bordeaux, Loisirs Enchères started in July 2014 and is is the first auctions website and mobile application devoted to travel and entertainment activities. The service has already convinced a community of 650.000 members and 1.200 suppliers in France and abroad. Through Loisirs Enchères, tourism professionals can increase their booking rate from 15% to 20%.
This €4m Series A serves the company’s strategy to become the french leader of Travel and Entertainment auctions. More specifically the company will accelerate its commercial development, increase its local presence, reinforce its product mix (hotels, week-end trips, travel, restaurants, sports and adventures, ticketing amongst others) and develop its user community with the ambition of reaching €100m revenue in 2022. Loisirs Enchères plans to recruit 30 people before the end of 2019. New recruits will include sales people to cover local markets, developers to increase AI capabilities, auction planners, and digital marketing experts.