Piper invests in Mous

The GP is currently investing from Piper Private Equity VI, which closed on £125m in 2016.

Piper stated it became aware of Mous through team members using its products in the office and got to know the management team a year prior to the investment, it said in a statement. The company launched its first product in 2017 following a crowdfunding campaign that raised $2.5m.

Company
Based in London, Mous offers smartphone accessories, mainly focusing on protective cases. According to Piper, sales have grown by 120% in the current year, with 75% of revenues being generated outside the UK.

People
Piper – Fergus O'Sullivan (investment manager).

Advisers
Equity – James Cowper Kreston (corporate finance).

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• Topics
• Expansion
• Consumer
• UK / Ireland
• Piper Private Equity