Alantra advised Intelligent Returns Limited on its capital rasing from BGF Business Growth Fund

Sep 2018

Capital raise

Alantra has advised the shareholders of ReBOUND Returns (“ReBOUND”) on their investment from BGF, which will support international expansion and IP development. Headquartered in Telford, ReBOUND assists retailers with management of their UK and international returns service, improving efficiency, traceability and customer experience. It now has over 500 customers and manages 35 million returns a year for clients including ASOS, Gymshark and Charles Tyrwhitt.

ReBOUND will use the investment to continue to grow their customer base both in the UK and internationally and to develop their data analytics platform, enabling retailers to identify trends in customer behaviour. Having focused initially on the clothing retail market, the Company is now also targeting expansion into new verticals including homeware, technology and furniture and has announced the opening of a Hong Kong office, providing a crucial foothold in a region increasingly of interest to Western brands.