Sempora advises on investment in fast growing online beauty device retailer
Sempora has provided market and commercial due diligence in support of NVM Private Equity’s £5 million growth capital minority investment into Manchester-based CURRENTBODY, an online retailer for home-use beauty devices. The investment will help support the high growth e-commerce business with its next phase of expansion, allowing the company to accelerate its strategic initiatives and support working capital requirements.
Co-Founded by Laurence Newman and Andrew Showman, CURRENTBODY.com is one of the top 100 fastest growing tech companies in the North of England – a reflection of CURRENTBODY’s role as a pioneer in beauty device e-commerce and demonstrating the rapid progress of the at-home beauty technology sector.
Sempora Contact link: Francis Prosser