Stout served as the exclusive financial advisor to the founder of momox GmbH ("momox") in connection with its sale to Verdane Capital.

Launched in 2004, momox is Europe’s largest re-commerce company for books, CDs, DVDs, computer/video games and clothing. The Berlin-based re-commerce company has developed into one of Germany’s top-selling digital companies with almost 20 million customers and more than 200 million articles purchased and sold over the course of its history. The company purchases used books, media, and clothing via momox.de and its app, and it distributes the purchased articles in Germany through its own online shops – medimops.de (books & media) and ubup.com (clothing) – and various online marketplaces. Momox reported a turnover of €200 million for 2018 and employs over 1,700 people at six locations in Germany and Poland, and it operates local websites in Austria, France, and the United Kingdom in addition to its German operations.

View the full news release.