Boot24 Networks GmbH

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Boot24 Networks GmbH - overview

Established

2007

Location

Hamburg, -, Germany

Primary Industry

Internet

About

Boot24 Networks GmbH is an online marketplace dedicated to facilitating the sale and purchase of new and used boats, connecting buyers and sellers across Europe, with a focus on enhancing the boating experience. Boot24 Networks GmbH, founded in 2007 and headquartered in Hamburg, Germany, operates an online platform that allows for the buying and selling of various types of boats. The company was acquired by Boats Group, LLC in October 2021, enhancing its reach within the European boating market. Stefan Mantwill serves as the CEO of the company.


Boot24. com specializes in an extensive range of new and used boats, including motorboats, sailing boats, inflatables, and jet skis, as well as boat engines. The platform supports a diverse clientele, including private individuals and professional boat dealers, providing access to inventory from renowned brands like Jeanneau, Bavaria, and Lagoon. The service extends to various European countries, including the Netherlands, Denmark, and Poland, meeting the needs of both casual users and marine sports enthusiasts.


Revenue for Boot24. com is generated through transaction fees from boat listings and sales on its platform. Sellers pay a fee upon the successful sale of a boat, which incentivizes effective transactions. The pricing structure accommodates various budgets, from entry-level boats to luxury yachts, allowing for a consistent revenue flow.


Following its acquisition by Boats Group, LLC in October 2021, Boot24 Networks GmbH aims to strengthen its portfolio of international sales platforms. The acquisition will enhance access to the region's largest boat buying audience, aligning with the company's strategy to provide expanded opportunities for customers to reach more buyers globally.


Current Investors

Boats Group, LLC

Primary Industry

Internet

Sub Industries

Internet

Website

www.boot24.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Boot24 Networks GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBoot24 Networks GmbH-

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