Dailys
Convex Capital led the sale of Dailys Limited to 3M in a transaction that valued the business at 9 x EBITDA.
Dailys is a leading supplier of non‐woven disposable protective clothing supplied to extensive international markets and diverse sectors including industrial, medical, beauty and consumers.
Convex Capital identified a number of potential strategic acquirers and presented the benefits of an acquisition, ensuring they were easily understood by the shortlisted parties. Convex Capital negotiated, structured and project managed the transaction to successful completion in a process involving teams across the USA, UK and Europe.
“We are delighted with the result that Convex achieved for us,which exceeded all our expectations. Their service levels throughout the process were exceptional”
David Sallon, Founder & Chairman
Value: £14m
