PDT Solicitors advises management on the investment by Rubicon Partners in Bamboo Distribution Limited

Bamboo was founded by Juney Mistiki, Dervish Dervish and Paula Hansson in 2009 and is now an international leader in the recovery, refurbishment, resale and recycling of mobile phones. Bamboo works in partnership with insurance companies, major retailers and mobile phone operators to refurbish and re-sell used tech products.

Rubicon is an investment partnership focused on the acquisition of industrial businesses in Europe and North America. The investment by Rubicon will assist Bamboo in achieving its ambitious growth plans in the mobile industry.

The management team were advised by corporate partners Noel Ruddy and Rebecca Glazebrook, assisted by Sian Webber (Corporate), Laura McMaster (Employment) and Craig Burton (Real Estate). Corporate Finance advice was provided by Azets.

Noel Ruddy, Head of Corporate, said “We enjoyed working with Juney, Dervish, Paula and Adrian on this transaction. The partnership with Rubicon will allow Bamboo to accelerate its growth plans and I’m confident Bamboo will go from strength to strength. Congratulations to all.”
 
Rebecca Glazebrook, who led the team at PDT, said “It was a pleasure to advise the management team on the investment and to see them realise the value of their hard work. We are always mindful that management teams are not familiar with the transactional process and we draw upon our experience to make the process as smooth as possible and to facilitate a successful outcome. We wish Juney, Dervish, Paula and the Bamboo team every success and look forward to working with them again in the future.”