£241m Turnover, Over 200 Employees, Growth Potential in EU and Gaming Lines
- Cambridge-based investors Mark Reed and Rich Marsden acquire Ebuyer.com
- Ebuyer.com reported £241m turnover in 2021 with over 200 employees
- Previous owner: Wren Kitchens’ West Retail Group held it for 19 years
- Reed founded Heaven Media, a marketing and creative agency for gaming and technology
- Advisers included EMW LLP, RSM, Pegasus Intelligent Corporate Finance, and Dartcell
- Seller advised by Gordons LLP
- Reed and Marsden to lead Ebuyer.com with growth potential in EU and gaming/PC lines
Cambridge-based investors Mark Reed and Rich Marsden have acquired technology retailer Ebuyer.com, which reported a £241 million turnover in 2021 and employs over 200 people. Previously owned by Wren Kitchens’ West Retail Group for 19 years, the company will now move forward under Reed and Marsden’s direction. Reed founded Heaven Media, a marketing and creative agency for gaming and technology, while Marsden progressed through the business to become managing director of the group that acquired Realtime Distribution in 2013. Advisers on the acquisition included EMW LLP, RSM, Pegasus Intelligent Corporate Finance, and Dartcell. The seller was advised by Gordons LLP. Reed expressed excitement about Ebuyer.com’s growth potential in the EU and gaming/PC lines.
Factuality Level: 10
Factuality Justification: The article provides accurate information about the acquisition of Ebuyer.com by Mark Reed and Rich Marsden, including details on their backgrounds and plans for the company’s future growth. It also mentions the advisers involved in the deal and quotes from both parties. The information is relevant to the main topic and does not contain any misleading or sensationalized content.
Noise Level: 2
Noise Justification: The article provides relevant information about a business acquisition and the new leadership team, with clear details on the backgrounds of the acquirers and their plans for the company’s future growth. It also mentions the advisors involved in the deal. However, it lacks any noise or irrelevant content.
Financial Relevance: Yes
Financial Markets Impacted: Ebuyer.com, a technology retailer with £241m turnover and over 200 employees, has been acquired by Mark Reed and Rich Marsden, impacting the company’s future direction and potential growth in the EU market.
Financial Rating Justification: The article discusses the acquisition of Ebuyer.com, a technology retailer with significant financial figures, which will likely have an impact on the company’s operations and growth plans.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article.
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