Sullivan Street Partners (SSP) has invested in Mi Hub, a leading provider of corporate uniform solutions headquartered in the UK, acquiring the business from LDC. Mi Hub sources ready-to-wear, bespoke and technical uniforms for businesses of all sizes.
The business operates through four brands: Dimensions, Alexandra, Yaffy, and Affinity. Today, more than five million people globally go to work in uniforms sourced by the UK-headquartered business.
Mi Hub is a highly attractive platform business with strong recurring characteristics, including long-term customer relationships, a substantial contracted revenue base and differentiated operational infrastructure. The business ships more than 20 million garments annually and has an annual turnover of £170m. It serves a broad range of end markets, with a particularly strong position in bespoke uniforms in the UK.
Mi Hub is led by an experienced management team. Hayley Brooks has been with the business for 24 years and has served as Chief Executive Officer since 2022, having previously held senior leadership roles across the group.
Layton Tamberlin, Partner at Sullivan Street Partners, said:
“Mi Hub combines a strong operational underpinning and resilience with multiple avenues for growth in a niche sector. The Management team has built an outstanding position across their markets through execution excellence and creativity. We are excited to partner with them to support expansion both organically and through strategic acquisitions to help the business realise its full potential.”
Financial terms of the transaction, which is subject to customary regulatory approvals, have not been disclosed.
