Angel News

Angel News

Back to Homepage

3rd July 2018

Seneca exits Gear4Music with 5.2x return to investors

Seneca provided a cornerstone growth capital investment to support the Gear4music IPO in June 2015. Since investment the company has experienced significant growth, providing a 5.2x return to investors.  Since IPO, York headquartered Gear4music – the largest UK based online retailer of musical instruments and equipment – has experienced growth in the UK and overseas, particularly across Europe and Scandinavia. Gear4music has enjoyed annual revenue increases from £24m to over £80m in 3 years as well as growing its market capitalisation to more than £150m.

...

Register / Login now to read full story

In order to read the full story we need you to be registered with us, please click the links below to login or register.

Login / Register

Add a comment:

Name:

Email:

Comment:

Enter the characters in the image shown:



Back to Homepage