Completed sale
Raymond Supplies Retail & E-commerce Company Was Acquired by Younger Dryas LLP | Transaction Overview
Raymond Supplies Ltd is an innovative, web-based retailer primarily specialising in equestrian and farm products. The company benefits from a variety of 19 niche and user-friendly ecommerce websites. This has enabled Raymond Supplies Ltd to develop a loyal and extensive customer base, the majority of whim provide repeat business. In addition to this the company has cultivated strong and long-standing drop shipping agreements with over 200 suppliers and manufacturers, allowing the company to offer over 8,7000 products across a plethora of sectors.
The shareholders of Raymond Supplies Ltd approached Knightsbridge with the sale of their business to facilitate their retirement plans.
The opportunity proved highly popular attracting 74 interested parties and four offers. The ultimate offer came from Younger Dryas LLP. The London based company is a consultancy partnership that is seeking growth via acquisition.
Sara Thomasson, Knightsbridge Commercial Operations Director, advised Raymond Supplies Ltd throughout the process.