GP Bullhound, the London-based technology investment bank, has announced the opening of a new office in Paris, attracted by the rising tide of French Tech fundraising and mergers.
The new office will be led by Guillaume Bonneton, a partner since 2010. The Paris location will expand GP Bullhound’s global reach, in addition to its existing offices in London, San Francisco, Stockholm, Berlin and Manchester.
This expansion will focus on supporting the growth of technology companies in France’s digital ecosystem by connecting international investors with French entrepreneurs, and opening up global opportunities to French investors.
“European technology companies have demonstrated their ability to reach significant valuations and succeed on a global stage. France is a vital component of this technology landscape and our new office will be focused on supporting the country’s future billion dollar companies,” Bonneton said.
GP Bullhound, founded in 1999, has already been active in France, and is known as an efficient intermediary to close important deals for startups who want to expand their activity. The firm has recently advised the software company Multiposting on its sale to SAP. And GP helped independent music provider Believe Digital raise $60M from investors including Technology Crossover Ventures. It also advised the payment firm SlimPay, on its €15m investment from Netherlands-based Prime Ventures.