We have advised Mountain Warehouse, a leading global retailer of outdoor clothing and equipment, on its refinancing, realising Inflexion’s investment.
Mountain Warehouse, founded in 1997, now has over 400 stores and a thriving online business, which accounts for over 30% of sales. As well as the UK, the Group is expanding in North America, where last year it acquired the iconic Eastern Mountain Sports brand, and in Australia and New Zealand.
In August, the group, which employs more than 4,400, revealed record revenue of almost £450m (€515m) for the 52 weeks to the end of February and said turnover was expected to be close to £500m (€573m) in the current year.