BiGDUG
Convex Capital originated, led, structured and completed the sale of BiGDUG Limited to German plc, Takkt AG.
BiGDUG is the UK’s largest online retailer of racking, shelving and related products.
Doug Nourse and Jon Powell founded the business in 2004. Today it generates Revenues of more than £20m.
Convex Capital structured a deal that valued the business at 11x EBITDA and delivered 80% of the consideration on completion.
“Convex approached us, understood our business, found a strategic buyer and delivered a deal beyond our expectations. They are the real deal”
Doug Nourse, Founder
Deal Value: €40m
