According to Forbes, Bednář’s company is to be worth $ 700 million, which is about 15.1 billion crowns.
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ShipMonk is a logistics company that specializes in the delivery of shipments. It provides services to clients, ie brands, in terms of storage, packaging and sending orders to customers. It is in recent months, when stores are forced to sell their goods online, the demand for logistics services is growing.
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Summit Partners said the transaction is investing in an industry that has been growing rapidly, especially in recent months. The U.S. Federation estimates that online sales will increase by 20 percent during the Christmas holidays to $ 202 billion.
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Bednář, a native of Mladá Boleslav, described earlier in interviews that he founded the company at the age of 17 when he sent consignments from Florida to the Czech Republic. He raised capital from university and business competitions. Gradually, the company expanded to today’s dimensions. The company now employs 700 people and has warehouses in Florida, California and Pennsylvania.
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ShipMonk has twice been ranked in the 500 fastest growing American companies. This year, it expects sales in excess of $ 140 million, which means more than 100% year-on-year growth, CTK reported.
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