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RECORD YEAR FOR CONVEX

Convex Capital,Friday,2 September,2016

Corporate Finance advisers to entrepreneurs, Convex Capital closed out its financial year to 30 June 2016 with a record performance. Reported Revenue doubled to over £8m with net profit reaching £5.5m.

This year has seen the Team close out a further 10 transactions, bringing the total value of businesses sold by Convex close to £750m.

Commenting on the year, Managing Partner Neil Worsley said “our results are a direct reflection of the remarkabledeals we have achieved for our exceptional clients. Our current client base is even more impressive than ever and I expect the value of businesses sold by us to exceed the £1bn mark before the end of the year.”

The remarkable story of Convex’s achievements starts from the bold decision taken 5 years ago to exclusively adviseentrepreneurs on the sale of their equity. “We often get asked to act for corporates and the private equity community. Our answer is always a polite No”, said founder Mike Driver. “When our clients chose Convex, they know they are getting un-conflicted advice from people who have been there and done it. This is highly compelling and truly unique.”

The £60m international sale of Blinds2Go.com, €30m sale of SportsBikeShop.com, €40m sale of BigDug.com and the sale of UnderFloorHeatingStore.com to Travis Perkins are some of the deal highlights, and all add to the teams unrivalled dot-com credentials.

About Convex: Convex’s unique business model sets it apart from all other Corporate Finance advisory firms in the country. The Team exclusively acts for entrepreneurial shareholders and provides a completely un-conflicted approach to advising on the sale of their equity.