UK
Deal Maker of the Year Awards 2013
for 30% of the shareholding
Other PE type firms were very aggressive in their approach and didn’t really see our full value as individuals and how we saw that value down the line.
Q
How were the challenges or difficulties overcome?
By being upfront with every potential investor from day one. This made it clear what they were getting into. We did not really want a Non-Ex Chairman and as part of the deal but we had to get one. The BGF has a talent network, which is very impressive, and I have to say they were very helpful in finding the right chairman for us and we are delighted with our choice, Paul Gilbert.
Q
How does the transaction fit in with your overall business strategy?
The investors are fully backing our growth plans and are happy to let us get on with it. The investment has allowed us to fast track our growth decisions and therefore we are very excited about the immediate future.
Q
What are your plans following the transaction?
To purchase more stock lines and increase our coverage throughout the UK, whether that be online, in-store or through our mail order catalogue.
We also are investing in customer service through technology and delivery therefore allowing a much better customer experience.
What are your thoughts and predictions within your sector for 2014 and beyond?
Q
I believe fewer companies will gain more market share, and the weaker companies/ smaller independents will struggle.
building sector is on the up and people are certainly buying homes, therefore the growth in sales will continue for the strong players.
Contact details: Louisa Bradshaw PR Executive
Louisa.Bradshaw@
betterbathrooms.com 0844 484 7678 ext 4096
The ❝
The investment has allowed us to fast track our growth decisions and therefore we are very excited about the immediate future.
www.finance-monthly.com 35
❝
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102