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GS Verde Group admitted to secondary market platform JP Jenkins

GS Verde Group Limited shares now trading at JP Jenkins.

9th January 2024 – Shares in the GS Verde Group (www.gsverde.group) have been admitted to trade on JP Jenkins share dealing platform. The GS Verde Group is headquartered at The Maltings, East Tyndall Street, Cardiff, with additional offices in Bristol and Dublin, and is registered as a company in England and Wales under Companies House, company number 15101725.

The completion of the seven-figure raise gives the Group a £9m post-money valuation on the JP Jenkins platform, which is the UK’s oldest secondary market and has provided a marketplace for share trading for established household brands such as Dyson and Weetabix as well as football clubs such as Arsenal and Manchester City.

The GS Verde Group is a multi-discipline M&A advisory business advising businesses on corporate transactions such as business sales (including Trade Sale, Management Buy-Out and Employee Ownership structures), acquisitions, investment raises and corporate re-organisations.

Through its multi-discipline structure, the business combines Law, Finance, Tax and Communications to provide a ‘one team’ advisory support to businesses.

The award-winning business has experienced fast growth through both strategic acquisitions and organic demand.   With offices in Cardiff, Bristol and Dublin, the Group employs c.90 staff across a range of professional and support disciplines.

Having won accolades as leading Dealmakers in 2022 and 2023, the business has proven demand for the ‘one team’ offering, and is looking to accelerate its growth nationally and internationally, through further strategic acquisitions, as well as investment in technology by further developing its proprietary software platform AR:Deals.

JP Jenkins is a liquidity venue for unlisted or unquoted assets in companies, enabling shareholders and prospective investors to buy and sell equity on a matched bargain basis. JP Jenkins is a trading name of InfinitX Limited an Appointed Representative of Prosper Capital LLP (FRN950991).

Shareholders wishing to trade these securities can do so through their stockbroker. Trades will be conducted at a level that JP Jenkins is able to match a willing seller and a willing buyer. Trades can be conducted, and limits can be accepted, during normal business hours. Shareholders or potential investors can place limits via their existing UK-regulated stockbroker.

The indicative pricing for the ordinary shares (ISIN: GB00BNTZFL29), as well as the transaction history, will be available on the JP Jenkins website at https://jpjenkins.com/company/gs-verde-group/

Veronika Oswald, Commercial Director of J P Jenkins said: “At JP Jenkins corporate advisors are a core part of our ecosystem in supporting private companies in liquidity and secondary market solutions. GS Verde’s admission demonstrates how our platform can not only support growth companies, but in turn support a multi-discipline M&A advisory business such as GS Verde in their own growth ambitions too. We are delighted to be able to support GS Verde with their own liquidity solution from today.”

Nigel Greenaway, Co-Founder and CEO of GS Verde Group said: “We are delighted to be trading on the prestigious JP Jenkins platform, joining such a wealth of household names in doing so.   

 

There has been overwhelming interest in our business, and this step to join the secondary market, allowing private investment into our business is a milestone step in our journey.  The investment will allow us to grow through strategic acquisition in certain areas of the UK, as well as to add firepower to our dealmaking teams in Wales, the Southwest of England and Ireland.   We can also accelerate our investment into AR:Deals, GS Verde’s own proprietary technology.”

For further information, please contact:

J P Jenkins Ltd.          

Veronika Oswald

Director           +44 (0)20 7469 0937

GS Verde Group Limited

Matthew Sutton

Company Secretary / Director       +44 (0)3330 107 8498

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Codasip appoints Functional Safety VP

Dave Higham’s expertise in ISO 26262 and security drives Codasip’s custom processor opportunities

Munich, Germany – 2 February 2022 – Codasip, the leading supplier of customizable processor IP, has appointed Dave Higham as the company’s Vice President of Functional Safety. His in-depth expertise in standards for functional safety and security will accelerate the application of Codasip’s RISC-V processor IP and Studio custom processor designer tools in the automotive and industrial sectors.

Higham will directly support customers looking to develop groundbreaking innovations using Codasip’s tools and development platform, particularly within areas such as Connected and Autonomous Vehicles. His expertise in the development of key industry specification ISO 26262 is of paramount importance, but his role is broader than that, reflecting how functional safety and security (such as ISO 21434) are key in many areas of technology.

Karel Masarík, Codasip’s Founder & President commented, “With his decades of experience at Delphi, one of the automotive industry’s Tier One technology suppliers, plus years of experience in multiple global semiconductor vendors, Dave brings to Codasip an unparalleled understanding of FuSa. I have no doubts that he will help Codasip customers maximize the opportunities of innovating in these markets, and to guide them intelligently through the safety requirements.”

Dave Higham, added, “Automotive is an obvious growth market for Codasip’s processor IP and Studio tools. But functional safety and security go hand in hand in many market areas too, where our customers expect these to be covered in any design conversation. Codasip has a unique ability to support customization and there are a number of architectural features we can enable to ensure safety and security are better by design, from the tools and methodology as well as in our standard products.”

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Point of no return: 89% of consumers identify returns as priority for ecommerce retailers

  • 81% of consumers would write off a retailer if they saw issues with return process
  • 61% say easy returns result in exchanges over refund

London UK; 1st February 2022: 89% of consumers identify ease of returns as top priority when purchasing online. That’s according to new data from delivery experience platform Sorted, which found that retailers who get the returns process right will reap the most consumer loyalty.

The survey, consisting of 2,000 UK respondents, found that those with strong returns processes in place will also see a return on investment, with 61% saying they would be more likely to exchange a product bought online than get a refund if exchanging was made simpler.

Adversely, 81% say they would avoid ordering from an online retailer if they saw issues with their return process, a concern for retailers when 29% of consumers claim to have had an unsatisfactory returns experience in the last 12 months. The data also revealed that 44% would not re-order from an online retailer if they had experienced issues with their return process, and 36% would be reluctant to reorder from those retailers failing to provide clear returns details.

The need for seamless returns

The research also demonstrated a real hunger for proactive communications, with 77% saying that getting timely updates on the progress of their return, refund or exchange would make them more likely to purchase from that retailer again. Additionally, a quick and simple refund process (42%) and the ability to return via a local shop or a convenient location (26%) was revealed as crucial for customers.

Consumer expectations were also identified, with respondents saying they are more likely to be lenient with smaller retailers when it comes to returns. Alternatively, over nine in ten believe it is important for large corporate retailers to have a seamless returns process (94%).

The findings come at a time when ecommerce continues to soar, following a trend that has polarised retail since the onset of the pandemic. Shipping volumes through the SortedREACT platform increased by 429% during peak season (October to December 2021 vs the same period in 2020), meaning UK retailers have reached a critical point with the delivery and returns experiences they offer to consumers.

“In the aftermath of the Christmas peak, retailers are going to be dealing with an influx of returns. However, at every opportunity, a refund could become an exchange. Those who fail to offer quick and convenient ecommerce experiences will no doubt suffer in this competitive landscape,” shares Carmen Carey, CEO of Sorted.

“Retailers must learn that they can’t simply stop the brand experience the very moment an order reaches the customer’s door, but ensure a seamless process is carried right through the customer journey. With returns now a major point of differentiation for brands, retailers – big and small – must invest in the full post-purchase journey in order to both attract and retain the modern customer.”

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Fast-Growing Distributor Nuvias Group Joins the Global Technology Distribution Council

The innovative European company serves more than 7,000 partners with leading-edge solutions enabling security, agility and manageability in Hybrid IT and unified communications.

Woking, UK — February 1st 2022 — The world’s leading consortium of technology distributors – the Global Technology Distribution Council (GTDC) – announced today the addition of the Nuvias Group to its membership, furthering its mission to drive channel success and strengthen the value of technology distribution.

Founded in 2015 by Rigby Private Equity, the Nuvias Group is now a $750M company with offices across Europe. The company’s highly skilled and experienced teams – in addition to its well-established relationships with world-class vendors – position the IT distributor to make a unique impact in 2022 and beyond.

“Nuvias Group is a model for what successful technology distribution will look like today and into the future,” said GTDC CEO Frank Vitagliano. “Their ability to flex and adapt to the changing needs of the channel will also help our organization to better meet the evolving requirements of today’s technology vendors, resellers and solution providers— as the world continues to shapeshift around us every day.”

The Nuvias Group’s focus areas include unified communications, cybersecurity and intelligent networks, with specialised solutions offered via an ecosystem of more than 40 highly skilled vendor partners in 16 European countries.

“We’re dedicated to providing ever-greater value to the IT channel our vendors and customers,” said CEO Simon England, who brings an extensive background in value added distribution, with previous leadership positions at Westcon Group, Azlan and Tech Data. “Joining forces with the GTDC only helps us to further that mission.”

The Nuvias Group has continued its organic and acquisitive growth over the past year, posting double-digit growth and acquiring highly specialized distributors to strengthen its presence and service in the UK, Benelux and the DACH region.