Fox International is Europe’s leading fishing tackle brand.
Fox International is one of the leading providers of fishing tackle to the European coarse fishing market. The business is well established in the UK, Germany, Netherlands and France and is executing successfully on an expansion strategy across a range of other European markets. The business has a strong brand and is appreciated by retailers and consumers alike for its product innovation and high levels of post-sales service.
Next Wave acquired Fox in 2014 from the founding Family owners at an enterprise value of £30m. We sold a stake to Mayfair Equity Partners in 2015 prior to fully exiting in 2019 to BDT Capital Partners, achieving over 6x return on our investment.
Next Wave introduced high standards of governance and internal procedures, along with guiding wholesale improvements in business information, systems and process controls and management reporting; as well as supporting the business’s online sales strategy driving EBITDA growth of 100% under our ownership.www.foxint.com