Sempora supports LDC investment in musicMagpie.co.uk - April 2011
SEMPORA has conducted a commercial review of musicMagpie and its markets, in support of LDC’s decision to make a significant investment in the Company, the leading purchaser and multi-channel retailer of replay CDs, DVDs and Games.
Entertainment Magpie Ltd (“musicMagpie.co.uk”), the largest UK purchaser of replay CDs, DVDs and Games, has received a significant development capital investment from leading mid-market private equity firm LDC. SEMPORA carried out a market review and conducted commercial due diligence for musicMagpie and LDC in support of this transaction.
“With little available information about the replay market, the challenge was to establish the size and growth of the potential market in the UK and other European markets, as well as to understand consumer selling and buying behaviour and the dynamics of online marketplaces. Our research found a strong and growing market, in which MusicMagpie holds a market-leading position. Consumers are increasingly looking to sell their unwanted entertainment items, at the same time as looking for value purchases of catalogue titles”, said SEMPORA UK’s Francis Prosser.
For more information please contact:
Francis Prosser, Director
SEMPORA Consulting Ltd
Mobile: +44 (0) 7714 332 691
Email: Francis Prosser