Carlyle leads E30m second round for Surplex

Surplex will use the capital to expand its asset recovery solutions in Europe.

Surplex, the asset recovery solutions provider for surplus machinery, has completed an E30m second financing round. A consortium led by Carlyle Internet Partners Europe included existing investors b-business partners, ABB, Global Retail Partners and Viventures. Henkel, a European diversified consumer goods and industrial group, also joins these investors.

Surplex helps companies and traders buy and sell used machinery more efficiently and offers complete solutions for asset recovery. Surplex’s European internet platform for used assets has over 8,000 registered users and currently has over 12,000 machines and other items on offer. The company has offices in Berlin, Düsseldorf, London, Paris, Stockholm, Warsaw, Vienna, Milan, Madrid, Moscow, St. Petersburg and Bahrain.

Carlyle Internet Partners Europe, The Carlyle Group’s pan-European venture fund currently has more than E730m of capital under management. It focuses on communications technology and services, wireless-based services, information technology and internet businesses in the development stages from start-up to IPO.

b-business partners has a capital base of E1bn. The company has completed seven investments to date and operates in major European cities. GRP (Global Retail Partners) is a venture capital firm headquartered in Los Angeles. It invests in start-ups and early-stage companies in the United States and Europe that have the potential to become major players in the digital economy. The company has over $600 million under management. Viventures is a venture capital fund with a presence in the United States, Europe and Asia.