{"id":42177,"date":"2018-05-30T20:01:13","date_gmt":"2018-05-30T18:01:13","guid":{"rendered":"https:\/\/newserver.fyb.de\/fostec-ventures-sells-its-stake-in-factor-a-to-digital-agency-dept\/"},"modified":"2018-05-30T20:01:13","modified_gmt":"2018-05-30T18:01:13","slug":"fostec-ventures-sells-its-stake-in-factor-a-to-digital-agency-dept","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/fostec-ventures-sells-its-stake-in-factor-a-to-digital-agency-dept\/","title":{"rendered":"FOSTEC Ventures sells its stake in factor\u2011a to digital agency Dept"},"content":{"rendered":"<p>Stutt\u00adgart \u2014 Stutt\u00adgart-based inves\u00adtor <strong>FOSTEC Ventures<\/strong> is selling its stake in <strong>factor\u2011a<\/strong> to <strong>digi\u00adtal agency Dept<\/strong>. Both parties have agreed not to disc\u00adlose the amount of the transaction.<\/p>\n<p>The digi\u00adtal agency Dept acqui\u00adres 100 percent of the shares in factor\u2011a. The specia\u00adlist for market\u00adplace tech\u00adno\u00adlogy and brand manage\u00adment on Amazon supports manu\u00adfac\u00adtu\u00adr\u00aders and brands in presen\u00adting them\u00adsel\u00adves opti\u00admally on Amazon and incre\u00adasing their sales. Mana\u00adging direc\u00adtors Marc Aufzug and Domi\u00adnik Bors reco\u00adgni\u00adzed early on that brand manu\u00adfac\u00adtu\u00adr\u00aders who want to sell their products on Amazon need support in doing so. Since 2016, they have deve\u00adlo\u00adped a range of services for this under the umbrella of factor\u2011a: Product Data Manage\u00adment, Search Marke\u00adting Campaigns, Amazon Adver\u00adti\u00adsing and Vendor Sales Excel\u00adlence. A proprie\u00adtary soft\u00adware solu\u00adtion, the factor\u2011a suite, rounds off the offering.<\/p>\n<p>Support\u00ading factor\u2011a in the deve\u00adlo\u00adp\u00adment of the agency was co-part\u00adner and co-initia\u00adtor of the company, <strong>Markus Fost (Fost)<\/strong>. His invest\u00adment company FOSTEC Ventures, which also includes the stra\u00adtegy consul\u00adting boutique FOSTEC &amp; Company, accom\u00adpa\u00adnied the deve\u00adlo\u00adp\u00adment of factor-a\u2019s busi\u00adness model. Today, the agency is the leading specia\u00adlist for market\u00adplace tech\u00adno\u00adlogy and brand manage\u00adment on Amazon in Germany and works with the largest budget for Amazon Marke\u00adting Services from clients in Europe.<\/p>\n<p>factor\u2011a Mana\u00adging Direc\u00adtor Marc Aufzug: \u201cThe coope\u00adra\u00adtion with FOSTEC Ventures on our entry into factor\u2011a was excel\u00adlent. We were able to dock on easily, both as entre\u00adpre\u00adneurs and as mana\u00adging direc\u00adtors. The team around Markus Fost supported us with their stra\u00adte\u00adgic exper\u00adtise, which helped us to quickly deve\u00adlop a successful service and product port\u00adfo\u00adlio with factor\u2011a, with which we were able to convince leading brand manu\u00adfac\u00adtu\u00adr\u00aders in a very short time. This made it very easy for us to get star\u00adted.\u201d Toge\u00adther with co-mana\u00adging direc\u00adtor Domi\u00adnik Bors, he led factor\u2011a to an eight-figure company valua\u00adtion on the market.<\/p>\n<p>\u201cThat\u2019s what every foun\u00adder wants,\u201d says <strong>Markus Fost<\/strong>, foun\u00adder and mana\u00adging direc\u00adtor of FOSTEC Ventures. He adds, \u201cWe see oursel\u00adves as an entre\u00adpre\u00adneur-inves\u00adtor that not only provi\u00addes finan\u00adcing, but also supports smart foun\u00adders with promi\u00adsing digi\u00adtal ideas with know-how and market access.\u201d<\/p>\n<p><strong>About FOSTEC Ventures<\/strong><br>\nFOSTEC Ventures is a private equity firm that focu\u00adses on start-ups and SMEs in Europe as a company buil\u00adder. We operate across indus\u00adtries with a parti\u00adcu\u00adlar affi\u00adnity for the digi\u00adtal economy. As \u201centre\u00adpre\u00adneur-inves\u00adtors\u201d, we not only provide the finan\u00adcing, but also actively contri\u00adbute our many years of expe\u00adri\u00adence as entre\u00adpre\u00adneurs and mana\u00adging direc\u00adtors. Ther\u00ade\u00adfore, for us, the invest\u00adment of capi\u00adtal is only the begin\u00adning of a syste\u00adma\u00adtic and part\u00adner\u00adship-based further deve\u00adlo\u00adp\u00adment for the long-term success of the company. We are your access to entre\u00adpre\u00adneu\u00adrial exper\u00adtise &amp; capital!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stutt\u00adgart \u2014 Stut\u00adt\u00ad\u00adgart-based inves\u00adtor FOSTEC Ventures is selling its stake in factor\u2011a to digi\u00adtal agency Dept. Both parties have agreed not to disc\u00adlose the amount of the tran\u00adsac\u00adtion. The digi\u00adtal agency Dept acqui\u00adres 100 percent of the shares in factor\u2011a. The specia\u00adlist for market\u00adplace tech\u00adno\u00adlogy and brand manage\u00adment on Amazon supports manu\u00adfac\u00adtu\u00adr\u00aders and brands in&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1366],"tags":[],"class_list":["post-42177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-news-en","news-category-venture-capital-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FOSTEC Ventures sells its stake in factor-a to digital agency Dept - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/fostec-ventures-sells-its-stake-in-factor-a-to-digital-agency-dept\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FOSTEC Ventures sells its stake in factor-a to digital agency Dept - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Stutt\u00adgart \u2014 Stutt\u00adgart-based inves\u00adtor FOSTEC Ventures is selling its stake in factor\u2011a to digi\u00adtal agency Dept. 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