ICFG UK advised shareholders on £11 million investment in James & James Fulfilment
Seller | James & James Fulfiment |
Target | James & James Fulfiment |
Deal Type | Debt & Equity Financing |
Buyer | LDC |
Territory | UK |
Transaction Description | James & James was founded in 2010 by University of Cambridge graduates, James Hyde and James Strachan. Having been unable to find a suitable order fulfilment service for an eCommerce business, they built their own proprietary, cloud-based order fulfilment software platform. Their market leading platform bridges the gap between high-tech eCommerce platforms and traditional delivery networks and combines the features usually found in separate systems and integrates with top eCommerce platforms, such as Shopify and Magento, helping customers to run their business more efficiently. Headquartered in Northampton, with fulfilment centres in the UK, the USA and New Zealand, James & James offer end-to-end order fulfilment solutions to hundreds of online retailers, from disruptive start-ups to household names. In 2016, James & James were awarded the Queen’s Award for Enterprise in the field of innovation, recognising their unique, technology-focused approach to eCommerce. The business was ranked #54 in the prestigious league table for the UK’s private companies Sunday Times Fast Track 100 in 2018 and ranked #736 on the FT1000 – the Financial Times’ list of Europe’s fastest-growing companies in 2019. Led by Managing Partner Andrew Thomson and Director Ricky Lane, HMT were mandated to find an investment partner who would support the management team in delivering its ambitious growth plans and fully exploit the market leading technology in the fastgrowing eCommerce sector. LDC’s investment has both enabled the founders to realise part of the value that they have built in the business and provide additional capital to allow the business to continue its impressive growth trajectory. Following the transaction, Chris Baker, Investment Director and Lawrence Dean, Head of South, at LDC have joined James Hyde, Neil Sant and Simon Lisser on the Board of James & James. |
Industry Sector | |
ICFG Office | Henley-on-Thames |
ICFG UK advised shareholders on £11 million investment in James & James Fulfilment
ICFG member based in the UK, HMT LLP, acted as lead advisors to the shareholders of James and James, an ecommerce fulfilment solutions provider, on their £11 million investment from LDC. |