Description
On Behalf of a Retained Client
ACQUISITION OPPORTUNITY – PROJECT KICKS
Opportunity:
An opportunity has arisen to acquire the business and assets including intellectual property of an award winning children’s luxury footwear brand.
Background:
- Established in 2014
- Family run business
- Registered in the U.K. and USA
- 150 global retail clients, throughout 26 countries
- Direct to consumer sales via e-commerce website
Financial Summary:
| 2022 | 2021 | 2020 | |
| £’000 | £’000 | £’000 | |
| Turnover | 808 | 948.5 | 865 |
| Gross Profit | 300 | 235.5 | 246.5 |
| Net Profit (After Tax) | 68 | 61 | 5 |
| Total Assets | 787.5 | 546 | 363 |
| Total Liabilities | 729.5 | 506.5 | 323 |
| Net Assets | 58 | 39.5 | 39.5 |
Timeline:
- All interested parties will be required to sign a non-disclosure agreement and have the ability to work to an accelerated timeline.
- The deadline for offers to be submitted by is 16:00 on Thursday 19th January 2023.
- Offers should be made on a written basis, setting out the assets to be acquired, the key assumptions underpinning the quantum and structure of the consideration and any conditionality attaching to the offer. Proof of funds should also be provided.
If you would like further information on this opportunity please contact Wyles Hardy & Co., following which additional information will be provided, subject to the signing of a non-disclosure agreement.
