Clipperton acted as exclusive sell-side financial advisor to Cajoo, the French Q-Commerce pioneer, on its sale to Flink, the Berlin-based Q-Commerce unicorn (backed by DoorDash, Prosus, Mubadala, and Target Global).
Launched only 14 months ago by Henri Capoul, Guillaume Luscan, and Jérémy Gotteland, Cajoo pioneered the Q-Commerce boom in France. Cajoo is transforming everyday groceries with a full-stack model, offering a wide & highly-curated range of products delivered at home within 15-min click to door.
The acquisition of Cajoo will help Flink boost its national expansion, assortment and customer base in the key French market and further consolidate its leading position in Europe.
Carrefour, early investor and exclusive retail partner of Cajoo, will become the exclusive partner for the French market for Flink and a direct shareholder in the company.