Operators before investors.
The team behind Breakwater already runs more than one hundred online stores across Europe. The fund invests in a business it practises every day.
A team that runs what it buys.
Breakwater is not a fund discovering e-commerce: it was born from a team that runs online stores end to end, from customer acquisition to logistics.
That operating experience changes how we invest. Every store is assessed by people who know what makes a business last: traffic quality, true margin, supplier strength, customer loyalty.
After the acquisition, the same team takes over operations from the day after closing. There is no hand-over to an outside provider: investors have a single counterpart, from selection to dividend payments.
Four functions, one team.
Founder of TakeMyShop. A background in M&A and then tech, before e-commerce asset management. Leads the fund's strategy and investor relations.
Leads the financial analysis of deals, the structuring of acquisitions and portfolio performance monitoring.
Leads the TakeMyShop teams that run the stores day to day: operations, acquisition, SEO, customer service, logistics.
Drives the deal flow: direct approaches to sellers, off-market deals, partner network and approved brokers.
Decisions with oversight.
No acquisition rests on a single person. Two bodies oversee the fund's decisions.
It reviews each deal after the pre-audit and business audit, and decides on entering negotiation and then on the acquisition, in line with the fund's investment policy.
It monitors asset performance and oversees the valuation method and the quality of the half-yearly reporting sent to investors.
Every half-year, investors receive a portfolio update: store performance, acquisitions made, outlook and dividends.
An operating business.
Running an online store takes daily attention: tracking sales, adjusting campaigns, managing stock and suppliers, answering customers.
TakeMyShop's teams share their tools and methods across every store. What works on one quickly benefits the others, and early warning signs are spotted early.
- —Operations and catalogue
- —Customer acquisition and SEO
- —Customer service and logistics
- —Monitoring each store's indicators
A panel of independent experts.
Every deal is reviewed by people who know the field, not by finance profiles new to the sector.
Founders who grew their own online business and know what breaks, what holds and what scales.
They support the negotiation and structuring of acquisitions.
Secures the documentation of the fund and of each acquisition.
Review the stores' accounts and the quality of financial information.
Let's talk about your plans.
A first conversation with the team to present the fund and answer your questions. For qualified investors only, from €100k.
Detailed profiles of the team and advisors are provided in the data room.