Rubicon Partners, an investment partnership focused on the acquisition of industrial businesses in Europe and North America, has acquired a majority share Bamboo Distribution
Rubicon Partners is a hands-on investment partnership focused on the acquisition of industrial businesses in Europe and North America.
Juney Mistiki, Managing Director of Bamboo Distribution, says: “Rubicon’s decision to invest in our company is based on a number of strategic factors – Bamboo Distribution’s commitment to sustainability, our compliance with all environmental and data protection regulations, current and projected growth expectations, operational capabilities and our specialist knowledge of the mobile refurbishing, distribution, recycling and buy-back sectors. Bamboo acknowledges that to reach its full potential we needed a strong, experienced, reputable partner like Rubicon, who will support us through our development and growth strategy.”
Andrew Fischer, a Founding Partner at Rubicon, says: “Bamboo Distribution’s market leadership, excellent customer relationships and most importantly, the company ethos, makes the business a valuable partner.”
Source: Private Equity Wire