- Quinn Supports Gresham on £21 Million Hotter Investment
Quinn Supports Gresham on £21 Million Hotter Investment
The Quinn Partnership, specialist management due diligence provider, has supported Gresham in their £21 million investment in Hotter Shoes, the UK’s leading brand of quality, comfortable footwear for the grey market.
Established in 1959, the Skelmersdale business provides stylish footwear with built-in comfort to customers via mail order catalogues, the internet and 4 retail outlets across the UK.
With a high level of customer loyalty, the Hotter business should benefit from Gresham’s investment by having the ability to develop their direct marketing strategy in order to target a wider audience and grow the product range through innovative design and manufacturing.
Paul Quinn, led the management due diligence from The Quinn Partnership and commented, “This team has great knowledge and understanding of the business, they are industry savvy. The relationship formed with Gresham should ensure this is a successful venture for those involved.”