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Telemos comprises a team of highly experienced investment professionals that combine the best of private equity and permanent growth capital. Established in Bath in by Richard Longhurst and Neal Slateford, Lovehoney is a market-leading pure e-commerce retailer, focusing on women and couples. In recognition of its achievements Lovehoney received the Queen's Award for Enterprise in Neal Slateford, Co-Founder of Lovehoney, says: Lovehoney will invest in new technology and marketing, allowing the business to raise its profile in new geographies, and to continue to evolve its excellent customer service, online content, community and innovative new products. The partnership with Telemos illustrates the achievements of the Lovehoney management team which has consistently challenged the market while delivering innovative, high-quality products and exceptional top-line growth. Richard and Neal have created a great company. It has been a phenomenal journey for Neal and I and we're beyond excited at our future plans for Lovehoney.

Lovehoney


With the backing of Telemos, Lovehoney will accelerate its plans for international expansion, tapping into fragmented and underdeveloped markets and building on its strong consumer engagement. It has been a phenomenal journey for Neal and I and we're beyond excited at our future plans for Lovehoney. Telemos comprises a team of highly experienced investment professionals that combine the best of private equity and permanent growth capital. The business delivered strong compound annual sales growth of circa 30 per cent in the last three years. In recognition of its achievements Lovehoney received the Queen's Award for Enterprise in Some 60 per cent of sales came from the UK, with the remainder from Europe, US and Australia, all of which have achieved significant growth in recent years. Telemos identifies and supports exceptional management teams in consumer goods and services, healthcare services and business services to help them realise their long-term objectives. Selling a mix of own label and third-party products Lovehoney has grown into an international success, delivering record sales in the region of GBP million for the year ended 31 March, Financial details have not been disclosed. We are excited to partner with founders with long-term growth aspirations and a desire for a flexible and nimble investor. The partnership with Telemos illustrates the achievements of the Lovehoney management team which has consistently challenged the market while delivering innovative, high-quality products and exceptional top-line growth. This investment shows the strength of online retail and will allow us to break into new markets globally. Established in Bath in by Richard Longhurst and Neal Slateford, Lovehoney is a market-leading pure e-commerce retailer, focusing on women and couples. Richard and Neal have created a great company. Telemos Capital Telemos has completed its acquisition of a majority stake in Lovehoney, a leading online retailer of sexual happiness products. Neal Slateford, Co-Founder of Lovehoney, says: Lovehoney will invest in new technology and marketing, allowing the business to raise its profile in new geographies, and to continue to evolve its excellent customer service, online content, community and innovative new products.

Lovehoney

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4 thoughts on “Lovehoney”

Zulurn

31.05.2018 at 10:12 pm
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Financial details have not been disclosed. Lovehoney will invest in new technology and marketing, allowing the business to raise its profile in new geographies, and to continue to evolve its excellent customer service, online content, community and innovative new products.

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