LDC invests £11m in James and James Fulfilment

The company intends to use the fresh capital to further enhance its commercial and operating infrastructure, develop its software, expand its client base and invest in a new UK fulfilment centre.

As part of the transaction, LDC's Chris Baker and Lawrence Dean will join the company board as non-executive directors.

LDC invests in UK-based companies with high-growth potential. It typically makes an initial investment of £10-50m, which can be followed by additional financing of up to £100m to support the growth strategy of its portfolio company.

Company
Established in 2010, James and James Fulfilment specialises in online order fulfilment for e-retailers. The company offers a cloud-based software platform, ControlPort, which allows users to fulfil orders from multiple channels and countries in one place and receive live order tracking.

In addition, it provides data-rich reporting on inventory to help clients increase order volumes, enhance customer experience and improve stock management.

James and James Fulfilment is headquartered in Northampton, with operating bases across the UK, the US and New Zealand. It employs 100 people and generates revenues of £17.4m.

People
LDC – Chris Baker (investment director); James Garland (investment manager).
James and James Fulfilment – James Hyde (co-founder, CEO).

Advisers
Equity – Grant Thornton (financial due diligence); Crowe (financial due diligence); Osborne Clarke (legal); PMSI (commercial due diligence); Silxo (IT due diligence).
Company – HMT (financial due diligence).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Technology
• Support services
• LDC
• United Kingdom
• Grant Thornton
• Osborne Clarke