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

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

Published: 19 April 2021

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PDT Solicitors is pleased to have advised the management team of Bamboo Distribution Limited on the investment by Rubicon Partners.

"It has been a pleasure working with the PDT team. Thank you to Noel, Rebecca, Sian and Laura for all their hard work and support in getting the deal over the line. The PDT team guided us through the transaction in a professional, approachable and calm manner making us feel informed and protected. This is our first time working with PDT, but we wouldn’t hesitate in recommending them and look forward to working with them in the future as we continue our journey with Rubicon Partners."

Juney Mistiki, Bamboo Distribution

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.”

The content of this webpage is for information only and is not intended to be construed as legal advice and should not be treated as a substitute for specific advice. PDT Solicitors LLP accepts no responsibility for the content of any third party website to which this webpage refers.

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