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26.07.2018

GSK Stockmann advises Princeville Global as lead investor in 5th financing round of ship cruise platform Dreamlines GmbH

GSK Stockmann has advised Californian Venture Capital investor Princeville Global as lead investor in 5th financing round of Hamburg ship cruise platform Dreamlines GmbH in the total amount of EUR 45 Mio.

Dreamlines GmbH which started its business in 2012 in Hamburg operates the fast-est growing online portal worldwide for ship cruise agency services and is not only active on the German-speaking market but also in Australia, France, Brasil and the Netherlands. At the beginning of 2018 Dreamlines was able to secure 100 % of the shares in British cruise expert Sunshine Cruise Holidays Limited which operates under the brand name Cruise1st. With the acquisition of its British competitor Dreamlines wants to further strengthen its market position and extend its business in particular on the UK market. Dreamlines received a part of the capital used for this transaction through a 5th financing round in an aggregate amount of EUR 45 Mio. Princeville Global has participated in this series E financing round as lead investor.

About Princeville Global:
Princeville Global, a US-American investment firm with offices in San Francisco and Hongkong, focuses as investor on rapidly-growing technology companies. Over the past years Princeville Global had been involved as advisor or investor in over 300 IPOs, strategic mergers and acquisitions as well as public and private transactions.

A team from GSK with Berlin partner Katy Ritzmann as lead had already advised Princeville Global with regard to an investment in Auto1.


Advisor to Princeville Global:

GSK Stockmann: Andreas F. Bauer (Lead), Marcel Vietor (both Corporate/M&A; Munich), Maximilian Schilling (Real Estate; Munich), Wolfgang Böhm (Labor law; Heidelberg), Eric Mayer (Compliance; Munich); Associates: Daniela Riedinger (Cor-porate/M&A; Munich), Stephanie Löhrius (Corporate/M&A; Hamburg), Kerstin Franke (Real Estate; Munich), Matthias Kaiser (Labor law; Heidelberg), Martin Hossenfelder (IP/IT; Berlin)