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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.

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