Dawn Capital has invested a “substantial” but undisclosed amount in Optimalprint, the European online printing company. Optimalprint says it will use the new capital to expand its existing technology and distribution platform, initially in Europe but eventually globally.
The company, founded in 2007, offers premium quality, low cost printed materials for residential and business customers, such as greeting and business cards, office stationery, invitations and calendars, targeting 50 countries worldwide.
The global commercial printing market is estimated to be worth €277 Billion and Optimalprint believes that with Dawn Capital’s investment and experience in “developing fledgling, fast growing companies that operate in large, competitive markets”, it’s poised to take advantage of this opportunity.
While Dawn Capital is talking up Optimalprint’s “operational efficiency” and economies of scale, generating “market-leading” gross profit margins, in reference to Optimalprint’s ability to handle multiple print products and support billing operations across countries with different currencies and languages.