PE backed firm sold to gift retailer

The Book People, which is backed by Leeds-headquartered private equity firm Endless, has sold an online and mail order business to a UK gifts and gadgets retailer. Qwerkity, which is owned by The Book People, has been sold to Menkind . Under previous ownership, Qwerkity has been developing its ecommerce business, in parallel with its already strong position in the mail order business. Menkind said the acquisition was a natural expansion into the gift market for Menkind. The Book People decided to divest from the gifts and gadget... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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