Arrowpoint Advisory’s Consumer team has advised the shareholders of Plumbworld Limited, one of the UK’s leading e-commerce specialists for bathroom, kitchen, plumbing and heating products on its sale to HIG Capital’s Highbourne Group.
Arrowpoint Advisory’s Consumer team has advised the shareholders of Plumbworld Limited, one of the UK’s leading e-commerce specialists for bathroom, kitchen, plumbing and heating products on its sale to HIG Capital’s Highbourne Group.
Following a MBO backed by Panoramic Growth Equity in December 2018, Plumbworld, led by CEO and founder James Hickman, has delivered exceptional growth. Underpinned by proprietary technology, its pureplay online business model and market leading customer proposition continues to drive both new and repeat customers, with 1.7m customers served since inception.
The combination with Plumbworld will strengthen Highbourne’s leading omni-channel capabilities for both trade and retail customers. Plumbworld’s proposition is highly complementary to Highbourne and will enable the group to expand its footprint in the UK and Ireland, while maintaining its commitment to providing the highest quality services and convenience to its customers.
