Leboutique

LeBoutique operates in:

• booming (39% fashion e-com Y-o-Y growth in 2017) and
• sizable (population of 42m) market, experiencing growing internet penetration (63% in 2017, up from 50% in 2012)

Benefits from:

• leading position in UA fashion e-com with 16.1m semi-annual visits (Nov17-Apr18, SimilarWeb)
• a team with unique expertise in flash sales, which comprise 95% from total Revenue in 2017
• 6.5m of loyal members of shopping club

Has impressive growth and effectiveness:

• Founded in 2010, growing 30% CAGR in 2015-17
• Profitable (5% historic EBITDA margin) business with $24m in net revenue in 2017
• 37% return rate (lower than market average), high and growing conversion rate (2.6% desktop)
• Zero financial debt

The shareholders of the Company engaged SoulPartners as a financial advisor in respect of potential acquisition.