DANCE DIRECT DANCES INTO REVOLUTION’S GLOBAL EXPANSION PLANS

Pete Meadows,Friday,31 August,2012

After just three months of negotiations, a deal team of Mike Driver, Tim Marlow and Laura Kemp have successfully sold Dance Direct to American private equity backed Revolution Dancewear. The deal has secured a 14x EBITDA valuation, with the vendors remaining with the Business to assist Revolution in building the World’s leading dancewear operation.   Convex Capital’s Head Analyst, David Kandola was responsbile for finding the buyer, using Convex’s international research capabilities (and his own intensive efforts!)