Specialism
Industrials, TechnologyBusiness overview
Bamboo Distribution announced that Rubicon Partners has acquired a majority share in the company. Rubicon Partners is a hands-on investment partnership focused on the acquisition of industrial businesses in Europe and North America.
Azets acted as the lead corporate finance adviser to the shareholders and management team of Bamboo Distribution.
Bamboo Distribution was founded by Juney Mistiki, Dervish Dervish and Paula Hansson in 2009 and quickly gained an exceptional reputation in the industry due to its open culture, proactive approach, excellent customer service and environmental credentials. The company provides services to the mobile phone insurance industry as well as refurbishing and recycling solutions to a global client base.
Perspectives
Andrew Fischer, a Founding Partner at Rubicon, said: “Bamboo Distribution’s market leadership, excellent customer relationships and most importantly the company ethos makes the business a valuable partner. It was clear from our discussions that customers highly value Bamboo Distribution’s services and the company’s operations contain the capacity required to capitalise on the sector’s growth predictions. Rubicon’s investment will support Bamboo to gain a strong foothold in Europe with its already strong and stable established partners.”
Andy Coghlan, Head of Private Equity and International Transactions at Azets, commented: "We are delighted to have advised Juney and the team at Bamboo on securing their investment from Rubicon, who we believe are an ideal partner for them, as they continue on their exciting growth path".
We are delighted with Rubicon’s decision to invest in our company. Bamboo has been on an organic growth path for over 10 years servicing the mobile refurbishing, distribution, recycling and buy-back sectors. Bamboo Distribution’s commitment to sustainability, compliance with all environmental commitments, data protection regulations, current and projected growth expectations and operational capabilities attracted Rubicon Partners to our business. Bamboo acknowledged that to reach its full potential we needed a strong, experienced, reputable partner like Rubicon Partners, who will support us through our development and growth strategy. We are grateful and appreciative to Azets, who engaged and supported us through the complexity of such a transaction to lead to the eventual partnership with Rubicon. Andy Coghlan, our Corporate Finance adviser, guided us through each part of the process to ensure that the partnership protected and fulfilled our expectations.
Juney Mistiki, Managing Director of Bamboo DistributionWhether you know what you need or just want to explore your options, we're here to help.