Pragma evaluation leads to £21m majority stake in Hotter

Client:
Gresham Private Equity

Reporting level:
Investment Committee

Task:
Full commercial due diligence, including market, customer, operational and trading evaluation. Work with management to produce enhanced business plan.

What we did:

• Qualitative and quantitative research involving over 1700 target customers
• Management and industry interviews
• Detailed evaluation of trading and management plans
  

Result:
Gresham invested £21m for a majority stake.