Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Carlyle Group acquires majority stake in fashion retailer END for £750m+

Carlyle Group acquires majority stake in fashion retailer END for £750m+

Wed, 24 Mar 2021 | BUSINESS SALE



Private equity firm The Carlyle Group has acquired a controlling stake in luxury online fashion retailer END. While the financial terms of the acquisition were not disclosed, the deal is reported to have valued the company at over £750 million.

This valuation would reflect at least a 4.4x multiple on END’s last reported revenues of £170 million and at least a 28.6x multiple on its most recent post-tax profits of £26.2 million.

Carlyle acquired a controlling stake from founders Christiaan Ashworth and John Parker, who will retain a “significant” minority stake and remain in place as joint chief executives. Minority shareholder Index Ventures will fully exit END as part of the deal, which is expected to complete in April 2021.

Founded in 2005, END has three stores in Newcastle, London and Glasgow but is now digital-led and operates mainly in the online space. The retailer is multi-brand and has a focus on luxury and contemporary fashion, maintaining relationships with over 500 luxury designers including Valentino, Givenchy and Alexander McQueen.

It has a worldwide e-commerce operation, with 65 per cent of its £170 million revenue for the year ending March 2020 being generated internationally. The company’s most recent post-tax profits of £26.2 million were a 20 per cent increase from the previous year.

Massimiliano Caraffa, Carlyle Head of Europe, commented: “We are attracted to End’s distinctive style. We are excited by the many growth opportunities that lie ahead for the company, including the launch of womenswear as well as further international expansion.”


Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Commercial Vehicle Business For Sale
UK Wide

• Leasehold premises – 8 years left • Well-presented Website • 20ft x 8ft Portable Office • 10ft x 8ft Store room container • Water & electric on site • Site can hold 40 vehicles • Vehicles not included in sale – can be purchased on top of sal...

Asking Price: £270,000
Turnover: £701,493

LEASEHOLD


Supplier of Outdoor Sporting Equipment
UK Wide

Supplies a comprehensive range of specialist high-end sporting equipment, with individual models retailing at up to £5k. Primarily sells to the general public, holiday parks and activity centres, with additional revenue generated by the film and TV p...

Asking Price: Offers Invited
Turnover: £392,000

RELOCATABLE


E-Commerce Provider of Printed Garments & Accessories
UK Wide

Rapidly expanding online retailer of distinguished garments and accessories serving a diverse client base comprising both B2B and B2C custom. Using in-house printing and manufacturing software the company has cultivated a unique portfolio of clothing...

Asking Price: Offers Invited
Turnover: £4,584,000


View more businesses for sale

News Search

Latest News

 
20
 
May
 

Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION

Bournemouth-based instant foods brand Mr Lee’s Pure Fo...

 
19
 
May
 

Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE

Legal services company Knights has acquired Portsmouth-headq...

 
18
 
May
 

Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS

Businesses in the UK look set to come under continuing press...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
08
 
Jul
 

Theo Fennell management acquires business from Endless | BUSINESS SALE

Private equity firm Endless has sold British jewellery and s...

 
11
 
Jun
 

Menzies Distribution continues growth with JBT acquisition | BUSINESS SALE

Menzies Distribution, which is backed by private equity firm...

 
02
 
Jun
 

BSW acquires East Yorkshire timber business | MERGER

Endless portfolio company BSW Group, one of the UK's la...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.