Mon, 11 Sep 2017 | BUSINESS SALE
The UK's biggest Apple reseller, Jigsaw24, has been put up for sale a few weeks after a warning from Dixons Carphone about a slowdown in the mobile market.
Last month, Dixons' CEO, Seb James, said that individuals and businesses were typically holding onto their phones for between 4 and 6 months longer as the weakness of sterling since the Brexit vote made handsets up to 16 per cent more expensive, a slowdown that was impacting the market.
Manchester-based private equity group NorthEdge Capital has since begun the search for a buyer for the struggling firm.
NorthEdge specialises in investments across northern England, and bought a majority stake in the Nottingham-based group, which sells iPhones, iPads and Macs to businesses in the UK, in 2013 and has since seen it profit from the booming popularity of Apple products.
Experts close to the process have made it clear that people have not reached peak phone consumption, and there was still plenty of scope for the firm. Especially considering Apple are planning to release a new, more advanced model this week – a move that is expected to boost sales after two years of non-growth.
Subscribe to Business Sale Report here.
Find a business for sale.
Long established and popular vehicle electrics and general auto service centre. With approximately 5,500 sq ft of workshop and office space, our client provides well-equipped workshop facilities to capably manage problems seen in the highly advanced...
FREEHOLD
Innovative provider of a SaaS platform for recruitment with proven applications across the software development industry. The highly scalable software solution automatically aligns candidates with roles based on their specific development expertise a...
Designs plans & provides traffic management services including temporary traffic lights road closures EToN submission & local authority consultation. Facilitates the safe management of highway disruptions in compliance with law & government guideline...
|
23
|
|
Oct
|
Worcestershire carpet maker secures £218m acquisition war chest | BUSINESS NEWS
Worcestershire-based carpet maker Victoria has secured inves...
|
22
|
|
Oct
|
Merseyside glazing firm falls into administration | ADMINISTRATION
Merseyside-headquartered door and window manufacturer Total ...
|
21
|
|
Oct
|
Liverpool safety software firm enters administration | ADMINISTRATION
Gas Tag Ltd, a Liverpool-based tech firm which specialises i...
Sign up to receive our acquisition alert emails to get your FREE guide
|
25
|
|
Aug
|
Coventry-based bus company enters administration | ADMINISTRATION
Coventry-based bus operator Travel de Courcey has entered ad...
|
20
|
|
Mar
|
Warrington construction company enters administration | ADMINISTRATION
A prominent construction business headquartered in Orford Gr...
|
07
|
|
Mar
|
MBO completed at Nottingham IT supplier | MBO/MBI
A Nottingham-based firm that provides IT solutions to a rang...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources