Yorkshire Businesses Team Up to Close eCommerce Acquisition

28 November 2018 |
by Rachel Gill

fds advised on the sale of Statement, a leading Shopify Plus eCommerce agency to IDHL Group, one of the UK’s largest full-service digital agencies.

This transaction was headed by fds’s Managing Director Poonam Kaur who worked alongside Paul Trudgill, Corporate Partner at Keebles.

Above: Paul Trudgill, Dan Conboy and Poonam Kaur.

Statement was behind Philips Automotive’s first global online store back in 2000 and has since helped leading organisations build and develop successful online businesses not only in Yorkshire, but across the UK and worldwide.

Poonam Kaur said: “It was a delight to work on this transaction and achieve a successful outcome for Dan, who has worked very hard over the years to bring Statement to the level it is today. It was clear that this would provide further acceleration to the growth of the business.”

Paul Trudgill said: “It was a pleasure to assist Dan with the sale and I look forward to seeing the Statement brand go from strength to strength under Dan’s leadership as part of the wider IDHL group.”

Dan Conboy commented: “The advice of both fds and Keebles has been invaluable. I'm grateful to both Poonam and Paul for their support and professionalism throughout the process. We're now looking forward to significantly expanding our operations as part of the IDHL Group.”

To learn more about how fds can help with the sale or negotiations of your business please click here.

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