Showroomprivé to sell stake in The Bradery for 43.6 million euros

Showroomprivé (SRP Group), a European leader in flash sales, has announced its intent to sell its 52.75 percent stake in The Bradery brand back to its founders, Timothée Linyer and Edouard Caraco. The cash transaction values The Bradery at 43.6 million euros, reflecting the immense success of the platform since SRP Group acquired its majority stake in May 2022 for only 10.2 million euros.