We are delighted to have advised industry leaders Mark Reed and Rich Marsden, via their investment company Realtime Holdings, on their acquisition of online retailer, eBuyer, from The West Retail Group.
Based in Howden, the eBuyer business turned over £241 million in 2021, employing more than 200 people. eBuyer has been the leading technology online retailer in the UK for over 20 years, with a billion-pound capacity in its infrastructure. Founded in 1999, the company stocks mainstream electronics, offering everything from TVs, laptops and PCs, as well as a thriving B2B business, yet it remains a leading go-to site for computer components.
Rich Marsden, said:
“As the acquisition project comes to a close, we now embark on an exciting journey to help grow the eBuyer business across each of the markets it serves, and we will share more around our plans in the coming weeks. The EMW team have been exceptional throughout on this transaction; Nick and his team were understanding of our business and requirements from the start, were responsive and certainly put the hours in to get the deal done. We have built some great relationships across EMW over the last few months and its testament to the culture that Nick and his team has built at the business. We look forward to working with EMW moving forwards.”
Nick Lloyd added:
“It has been an absolute pleasure working with Rich and Mark. We wish them and the whole Ebuyer business the very best and look forward to working with them for many years to come.”
The EMW team was led by Nick Lloyd (Corporate) with support from Sean Halliwell (Corporate & Banking), Ian Mabbutt (Banking), Tom Revitt (Corporate), Priya Magar (Employment), Mary Phillips (Real Estate) and Tariq Sayfoo (Commercial, Technology & Data).