Selected Deals
Internet and Catalog Retail
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Target
Best Direct (International) Ltd
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Our Role
Advisor to seller
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Seller and Location
Private owners of Best Direct (International) Ltd, United Kingdom
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Activity
Operates TV shopping channels and online retailing websites
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Acquiror / Investors and Location
INDUSTEX S.L., Spain
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Activity
Operates TV shopping channels and online retailing websites
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Description of Transaction
Conducted an expedited full marketing exercise on behalf of Best Direct and increased the initial offer from another party to US$2.5 million with a two-year royalty agreement. However, INDUSTEX was the final buyer, wishing to break into the UK market.