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.
This is a unique opportunity to acquire two well-established B2B companies operating across multiple sectors throughout the UK, boasting strong client relationships and secure contracted revenues poised for further expansion.
LEASEHOLD
This is a unique opportunity to acquire a prominent company in a specialist sector with a high barrier to entry, offering integration potential and a cash-generative model with repeat revenue.
This business presents an enticing opportunity with established relationships with blue-chip organisations globally, a strong client retention rate, and the potential for relocation.
06
|
May
|
Listed Nottinghamshire hotel on the market at £4.2m | COMMERCIAL PROPERTY
The West Retford Hotel, an 18th century manor house hotel in...
06
|
May
|
UK administrations update: April 29 – May 6 | ADMINISTRATION
Since our last update, the following businesses have been co...
06
|
May
|
Insurance broker secures funding and announces client book acquisition | BUSINESS SALE
Delta Corporate Risk, an insurance broker headquartered in M...
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 the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.