April 2017

Transaction Background

iForce is a market leader in the fast-growing multi-channel fulfilment, returns processing and carriage management markets.

iForce’s suite of proprietary software underpins all of its revenue and supports the e-commerce, logistics and supply chains of many of the UK’s largest online and blue chip retail brands, including Tesco, Sainsbury’s, Aldi, Maplin, B&Q, Dunelm, Fortnum & Mason and others.

The company’s combination of innovative software and operational capability has delivered rapid growth over recent years, with revenue growth of 80% in the three year period to June 2016.

Eddie Stobart is a major UK and European supply chain and logistics organisation. The acquisition reflects Eddie Stobart’s strategy of focusing on high growth markets across its sectors, in particular e-commerce, and formed a key part of its successful IPO in April 2017.

Our Role

Clarity advised the shareholders of iForce on all aspects of the transaction.

We were responsible for planning and managing the overall sale process, which included positioning, identifying prospective acquirers and marketing the business globally.

We led highly competitive negotiations with bidders from Europe, North America and Asia as well as advising on overall deal strategy to maximise value and deliver an excellent outcome for all shareholders.

“Clarity provided the iForce management team with valuable support in getting a great outcome for all our stakeholders. They were consistently challenging, thoughtful and supportive on all aspects of the transaction and brought a huge amount of professionalism and expertise to the deal process.”

Brian Gaunt
Chief Executive Officer, iForce