Direct Group – partnership with CPE Capital

Miles Advisory Partners acted as an advisor to the shareholders of Direct Group on their equity partnership with CPE Capital

Transaction Details

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Sector
Consumer
Miles Role

Sell-side advisor to the shareholders of Direct Group

Deal Type

Equity investment

Year Completed

2022

Contacts for this Transaction
Gareth Cope
Managing Director
Contact Gareth Cope

Overview

  • Direct Group (“Direct Group”) is a Sydney-based direct-to-consumer retail group reaching customers across online, print, television & digital channels
  • The group owns a portfolio of recognisable consumer brands & channels, including the TVSN shopping channel, Reader’s Digest, House of Pets, and womenswear brand, Victoria Hill
  • The portfolio spans the home & garden, apparel, electronics, health & beauty and jewellery categories with > 8 million pages of content viewed by readers each month
  • The partnership provides growth capital and CPE’s relevant sector experience to support Direct Group’s continued expansion across categories & channels