Discount Supplements
Convex Capital originated, led, structured and completed the sale of Discount Supplements to GNC Inc.
Discount Supplements is the UK’s largest online multi-brand retailer of sports nutrition and VMS products.
Stuart Harris and Neil Barker founded the business in 2005. Today it generates Revenues of more than £20m.
Convex Capital structured a deal that valued the business at 15x EBITDA and delivered 90% of the consideration on completion.
The Convex difference: achieving a highly strategy valuation for a fast growing business, and maximising the cash element paid on completion
“Without Convex Capital, this deal just wouldn’t have been possible”
Stuart Harris, Founder
Deal Value: $33m
