BDO has provided Vendor assistance to BGF backed ReBound Returns in support of its sale.
ReBound Returns was founded in 2014 and specialises in managed returns services, helping brands understand what’s being sent back to them and why, as well as providing a range of options on what to do with inbound items.
BGF backed ReBOUND in October 2018 to accelerate the company’s growth. In this period, annual sales increased by 130 per cent.
The acquisition of ReBound by Reconomy Group represents an important strategic acquisition as part of its broader growth plans.
"I was extremely pleased with the support and advice provided by BDO during the Vendor Assist exercise. In particular their use of Data Analytics. The BDO Team were able to quickly combine transactional level data, from varying sources, into informative interactive dashboards – supported by the underlying data sets. Thus enabling potential acquirers and funders to evaluate our business performance during a period of exceptional growth, with the knowledge that the Outturn and forecasts were based on the data to support the key business drivers and current performance trends."
Sharon Bagri (Chief Financial Officer ReBound)