LEDHUT.COM AND BATTERIES+ SHINE BRIGHT FOR INTERNATIONAL GROWTH

Pete Meadows,Friday,29 August,2014

Convex team, Neil Worsley, Andrew Clarke and David Kandola originated, structured and led a deal to sell Ledhut.com to US based Batteries+ Bulbs.Senior VP Warren Meggitt and Partner mike Driver were influential in the origination of the transaction. The Convex team worked with LEDhut.com to present the Company to a select number of strategic’s, achieving an exceptional valuation and leading negotiations in a highly selective and confidential way.  LEDHut.com is Europe’s leading specialist online retailer of high quality own branded LED lighting products. The deal underlines Convex Capital’s excellence in advising e-Commerce businesses and further emphasises the team’s ability to find highly strategic overseas acquirers.