Company Holdings

INTERNETSTORES is Europe’s leading online platform for bikes and outdoor products with over 40 online shops across 14 countries, stores in Germany, Sweden and France, around 800 employees and EUR 373 million in sales in 2019.

Rene Marius Köhler founded the company in 2003 and ran it as CEO until 2016. He sold the majority stake to SIGNA Retail, but still holds a minority stake in the company.

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Multi-channel strategy

Internetstores’ multi-channel strategy gives customers what they want: convenient online shopping from home, advice onsite in the store and mobile service from experts. A stable service partner network at 200 locations complements the 7 full service stores. Advice from experts is part of every one of Internetstores’ channels. The customer uses this support to find the right item from the 125,000 products and 1,000 brands at Internetstores.

SIGNA Sports United is the #1 sports online platform in continental Europe, with around 80 online shops across 17 countries in the rapidly expanding areas of cycling, tennis, outdoor sports, team sports and athleisure. It currently has more than 200 million website visits and around 4 million active customers, making SIGNA Sports United the leading and fastest growing and profitable sports e-commerce & tech platform in Europe. In the 2018 financial year, the platforms generated profitable sales of EUR 442 million – in the third quarter of the 2019/2020 financial year, SIGNA Sports United recorded growth of 39% compared to the same quarter of the previous year.

Rene Marius Köhler sold INTERNETSTORES to SIGNA in 2016, and subsequently acquired a stake in the Group in 2017.

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The digital sports world

Behind SIGNA Sports United is one of the most entrepreneurially experienced online competence teams in the European sports market. Its well-conceived 5-pillar strategy enables the company to raise the bar in the digital sports world. The pillars are divided into continuous profitable growth, acquisitions, use of the trading and technology platforms for sports brands, the connecting of retailers and the creation of digital communities.

Jet App

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In 2017, the KOEHLER GROUP team, consisting of experts in the areas of private aviation and Industry 4.0, founded the company JetApp. The platform offers private jet booking and the company managed to digitize the booking process. Driven by strong annual sales growth of over 50% and a successfully implemented internationalization strategy in 7 European countries, the company managed to reach the operational break even already in the third year after its foundation.

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The market potential

With a market potential of 13 billion US dollars and annual growth rates of 7 % in Europe, the private aviation business is an extremely attractive market. Most travel verticals are home to operators and marketplaces that simply enable digital bookings to be made, letting them position themselves as the leading companies in the verticals in question. However, this is not yet the case in the field of private jet bookings, although the shopping basket values are much higher than in the other verticals. By digitizing and simplifying the booking process for private aviation, JetApp was able to establish itself in the private aviation market within a very short time and thus successfully occupy an extremely attractive niche.

Further direct Company Holdings

Revolut

Revolut was founded in 2015 and is headquartered in London. Over the course of just four years, it has developed into one of Europe’s leading fintech start-ups. More than 8 million clients already hold an account with Revolut, and around 20,000 new accounts are opened every day. Revolut’s products are an alternative to traditional banks and appeal to clients thanks to their digital-first approach.

Revolut is currently valued at around USD 5.5 billion. Previous investors have included companies such as DST, Lakestar, Mastercard and Index Ventures.

The KOEHLER GROUP invested in the company in 2020 and is supporting its future growth and expansion.

Moonfare

Moonfare is a technology platform via which private persons and their advisors gain access to the TOP private equity funds and can invest in them online, in a completely straightforward manner.

In the past, this was reserved for institutional investors and only a few private individuals, due to the minimum investment amounts per fund, usually of several million euros. Due to the more than twice as high average returns compared to the stock market (Global PE Index Top Quartile vs. S & P 500) over the past 10, 15 and also 20 years, there is a huge, largely unsatisfied demand from private investors to invest in the TOP PE funds.

Over 3,000 users are currently active at Moonfare and have already invested more than 425 million euros in these TOP private equity funds via the platform. In addition, the young company has already raised more than 25 million euros of investment capital for its own growth. The KOEHLER GROUP has been a founding investor in Moonfare since 2017.

Gojek

Gojek is Southeast Asia’s leading provider of on-demand multi-service platforms and digital payment technologies. The company offers mobility services such as ride-hailing, express logistics and food delivery, and is one of the largest mobile payment providers in Southeast Asia, as well. Gojek is active in more than 200 cities across Indonesia, Vietnam, Singapore, Thailand and the Philippines.

Gojek is Indonesia’s first decacorn and one of the fastest growing start-ups in the world. The company is currently valued at USD 10 billion, with firms such as Google, KKR, Warburg Pincus and Tencent already having invested in it.

The KOEHLER GROUP invested in the company in 2019 and is supporting its ongoing growth.

Boxine / Tonies & Toniebox

Boxine GmbH has been developing and marketing the Tonies and the Toniebox since 2016. This audio system for children between the ages of three and ten consists of an audio player (the Toniebox) and matching figurines to go with it (the Tonies). This new type of audio player turns audio content into something children can literally touch, thereby creating a completely new audio experience.

The company has already won numerous awards, such as the German Founders Prize 2019 in the “ young entrepreneurs” category. More than 1 million Tonieboxes and over 9 million Tonies have already been sold, as of summer 2019.

The KOEHLER GROUP invested in the company in 2019 and is supporting the founders, plus its lead investor Armira, in developing the company further and rolling it out internationally.

7 GLOBAL CAPITAL

The private equity fund 7 GLOBAL CAPITAL invests in technology companies around the world. 7 GLOBAL CAPITAL focuses on young, growing tech companies, primarily in the European and US markets. 7 GLOBAL CAPITAL offers its backing to innovative ideas and unique products, coupled with secure corporate structures and financial strength. The fund also actively encourages US companies to expand into the European market. In 2018, 7 GLOBAL CAPITAL won the prestigious “Rising Star” award as the best European venture capital fund at the “Private Equity Exchange & Awards” in Paris.

The KOEHLER GROUP has been a “general partner” in 7 GLOBAL CAPITAL since 2017, via the joint holding company SP Global Capital.

Seven Senders

Seven Senders focuses on developing a B2B solution for shipping parcels from online shops, with the aim of making it cheaper for online shops to deliver their products to other European countries. At present, Seven Senders currently sends almost half a million parcels per month and is experiencing month-on-month growth of 30 per cent. In 2019, current and new shareholders alike invested EUR 16 million in the company to underpin its international expansion and company growth.

KOEHLER Capital Partners GmbH, together with btov partners, acquired a minority stake in the company in 2017 and is supporting the founders as the company continues to expand.

https://www.gruenderszene.de/allgemein/seven-senders-bekommt-65-millionen-euro

http://tech.eu/brief/seven-senders-funding/

ProSenio-24

ProSenio and CommitMed merged in 2019 under the brand name “ProSenio-24”. ProSenio-24 is the leading provider of elderly care and nursing care for end customers and care services in Germany.

Prosenio GmbH supplies medical stores, hearing aid acousticians, opticians, pharmacies and specialist shops for senior citizens, as well as for the hearing and visually impaired, throughout Europe. Aktivwelt, its online shop for end customers, is one of Germany’s largest providers of products targeted at seniors.

CommitMed GmbH offers aids for home care and related services under the brand Pflegebox.de, with its customers being end customers and care services. In 2019, CommitMed GmbH was awarded the German Excellence Prize.

The KOEHLER GROUP, together with Holger Hengstler, acquired a stake in Prosenio in 2016, then became a minority shareholder of the Group in 2019. Today, they are assisting the company’s development as a member of the advisory board.

Jakt.se, Fiske.se & Hund.se

Norrländska Vapenaffären Aktiebolag operates three online shops in Sweden (Jakt.se, Fiske.se and Hund.se), as well as an affiliated brick-and-mortar specialist shop in Sundvall. They sell hunting equipment, fishing paraphernalia and dog accessories.

The owners are highly experienced internet entrepreneurs (with addnature.com and apotea.se, among other sites). KOEHLER Capital Partners GmbH acquired a significant minority stake in the company in 2017 and is supporting the existing team with the company’s further development.

Trendcarpet & Hatshop

Cama Gruppen AB operates two online shops (Trendcarpet and Hatshop) in Scandinavia, Germany, England, France, Belgium, Holland and Switzerland. These shops sell a wide range of textiles that offer excellent value for money.

Their owners are highly experienced Internet entrepreneurs, as well (with addnature.com and apotea.se, among other sites). KOEHLER Capital Partners GmbH acquired a significant minority stake in the company in 2016 and is supporting the existing team as they continue to develop the company.

Investments via private equity funds

Since 2016, the KOEHLER GROUP has been investing in private equity funds offered by well-known providers. The KOEHLER GROUP uses this investment capital to support outstanding privately owned companies as they grow and develop into market-leading global corporations.