JEGI CLARITY advised the shareholders of iForce on all aspects of their sale to Eddie Stobart.
iForce is a market leader in the fast-growing multi-channel fulfilment, returns processing and carriage management markets.
iForce’s suite of proprietary software underpins all of its revenue and supports the eCommerce, logistics and supply chains of many of the UK’s largest online and blue chip retail brands, including Tesco, Sainsbury’s, Aldi, Maplin, B&Q, Dunelm, Fortnum & Mason and others.
The company’s combination of innovative software and operational capability has delivered rapid growth over recent years, with revenue growth of 80% in the three-year period to June 2016.
Eddie Stobart is a major UK and European supply chain and logistics organization. The acquisition reflects Eddie Stobart’s strategy of focusing on high growth markets across its sectors, in particular eCommerce, and formed a key part of its successful IPO in April 2017.
JEGI CLARITY provided the iForce management team with valuable support in getting a great outcome for all our stakeholders. They were consistently challenging, thoughtful and supportive on all aspects of the transaction and brought a huge amount of professionalism and expertise to the deal process.
Brian Gaunt, CEO, iForce