Pierre-Edouard Stérin starts the gift-box concept in France in April 2003.
LBO with Naxicap Partners to finance the acquisition of the parent company in Belgium.
Smartbox achieves 100 million euros turnover. Ongoing international development within Europe.
International expansion outside of Europe with the launch of the US, Brazil, Canada and Japan.
Smartbox has become a clear worldwide leader on the gift box market and reports a turnover in excess of 350 million euros, a headcount of 800 employees.
In 2007, Pierre-Edouard Stérin decided to invest in high potential companies and entrepreneurs within the leisure and local industries in both private equity and incubator models.
Investment in Weekendesk, leading online booking platform for thematic short-breaks.
Investment in LaFourchette in December 2008.
Two investments : Gault Millau in February 2009 and Buyagift in August 2009.
Three new investments : Ouffer (August 2010), Lookingo (October 2010) and Camping&co (August 2010).
Investment in Balinea.
6 reinvestments in companies in portfolio.
Creation of the Smart&co Ventures entity managed by Antoine Freysz.
Smart&co Ventures becomes Otium Capital.