Retail Ecommerce Ventures acquires business and assets of Ralph Russo Limited
Retail Ecommerce Ventures acquires business and assets of Ralph Russo Limited Submitted 05|07|2021 - 6:14pm Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph Russo Limited, the UK-based luxury brand specialising in couture, ready-to-wear and luxury goods. Paul Appleton of Begbies Traynor Group and Andrew Andronikou of Quantuma Advisory, acting as Joint Administrators, conducted a thorough and extended sales process which generated an immense amount of global interest and resulted in numerous parties submitting bids. Retail Ecommerce Ventures was the successful party and the deal has now completed. Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai Lopez in 2019. Over the past two years, REV has made a series of successful acquisitions including the Pier 1, Radio Shack, Dressbarn and Stein Mart brands. Paul Appleton of Begbies Traynor Group says: Retail Ecommerce Ventures has a strong track record of acquiring and growing iconic retail brands globally.
Retail Ecommerce Ventures acquires business and assets of Ralph Russo Limited
Retail Ecommerce Ventures acquires business and assets of Ralph Russo Limited Submitted 05|07|2021 - 6:14pm Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph Russo Limited, the UK-based luxury brand specialising in couture, ready-to-wear and luxury goods. Paul Appleton of Begbies Traynor Group and Andrew Andronikou of Quantuma Advisory, acting as Joint Administrators, conducted a thorough and extended sales process which generated an immense amount of global interest and resulted in numerous parties submitting bids. Retail Ecommerce Ventures was the successful party and the deal has now completed. Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai Lopez in 2019. Over the past two years, REV has made a series of successful acquisitions including the Pier 1, Radio Shack, Dressbarn and Stein Mart brands. Paul Appleton of Begbies Traynor Group says: Retail Ecommerce Ventures has a strong track record of acquiring and growing iconic retail brands globally.