Corestar Partners advises Crossinx and its shareholders on the equity capital increase

Corestar Partners is pleased to announce that it acted as exclusive financial advisor to Crossinx GmbH and its shareholders (“Crossinx”) on its capital increase to fund the company’ future growth. The capital increase was backed by a consortium of business angels.
Crossinx is the leading German e-invoicing provider, with 1.2 million e-invoices expected for 2014E and over 2.1 million electronic documents handled in 2014E. The company has a strong track record of profitable growth and customer retention, serving many well-known companies in Germany and Europe-wide. Besides e-invoicing, the company recently launched its new supplier financing product, addressing key customer pain points and providing unique value add for customers.
The company is going to use the proceeds of this capital increase to execute upon its growth strategy.
This transaction demonstrates Corestar Partners’ deep expertise in advising growth companies in the fin-tech sector in raising capital for future growth.