Online restaurant booking service Livebookings networks has received a £6.5 million investment from private equity firm Balderton Capital.

Online restaurant booking service Livebookings networks has received a £6.5 million investment from private equity firm Balderton Capital.

Financial advice during the transaction was led by partner Kristoffer Källeskog from technology, media and telecommunications corporate finance boutique EOC Partners in London. The team prepared and documented the investment case, structured the transaction and advised in the negotiation and execution phase through to completion.

Källeskog said: “The fund raising process was a bit more complex and demanding than normal as it also involved a parallel acquisition in Germany.

“We had not worked with the company before but quickly realised the potential and attractiveness of the investment case, and we accordingly received strong attention from the VC community. Livebookings is greatly positioned in a fast growing emerging market and the company is already shows great momentum.”