Dave Howes, Director at JDC Corporate Finance commented:
“I am delighted to have advised the shareholders and management team on this exciting deal. JDC’s expertise allowed us to run a competitive process to find, in Octopus, an investor with an excellent fit to meet the objectives of Oxifree. The investment at a double digit valuation multiple has allowed four founding shareholders to exit, whilst also providing growth capital to enable the Group to further accelerate its growth and capitalise on the large market opportunity that exists for its products and services.”
Ed Hall, CEO of Oxifree Global Ltd commented:
"Dave has become a key and most trusted adviser to the management team at Oxifree. JDC provided quality advice and service throughout the complex process, helping to find an excellent partner in Octopus and also run an exceptional process to deliver a double digit valuation multiple to the stakeholders. Their hard work and commitment was instrumental in supporting us and we could not have secured the deal without them. It was a pleasure to work with the team and I would be happy to recommend them to anyone considering a transaction."