James and James Fulfilment gets €12 million investment
James and James Fulfilment has secured an 11 million pound investment (12.1 million euros) from private equity investor LDC. With the money, the British ecommerce fulfilment company wants to further improve its software services and operating infrastructure.
[Webinar] Grow your business with the right digital strategy
B2B sellers shift to online self-service for more customer convenience and higher revenue. Research from Forrester shows how firms should react to this new paradigm. In this webinar, Joe Cicman, Sr. Analyst at Forrester, talks about B2B strategies. Join us on June 24th at 4 p.m.
The company, which has clients like Cards Against Humanity and Regis Salons, will use the millions to invest in a new, larger fulfilment center in the United Kingdom, to improve its technology and to expand its client service.
Strong growth trajectory
James and James provides online order fulfilment to online retailers by storing products, packing and shipping orders and handling returns. “Over the last few years, we’ve been on a strong growth trajectory and are investing more than ever in our in-house fulfilment platform”, co-founder James Hyde says. “With LDC’s experience in the tech space and confidence in our business plan, they will be a great partner to help us deliver even more value to even more brands and retailers.”
We are investing more than ever in our in-house fulfilment platform.
Revenue grew 50% per annum
In the last three years, James and James’ revenue has increased by 50 percent each year to about 19.16 million euros. The company, with locations in the UK, USA and New Zealand, has over 100 employees worldwide.