Lights4fun

Business Description

Lights4fun is one of Europe’s leading e-commerce retailers of decorative lighting.

Background

The direct-to-consumer Harrogate-headquartered business has been operating since 2003 and sells more than 700 decorative lighting products online, which include indoor and outdoor fairy lights, festoon lights, and seasonal lighting. The business employs more than 50 people and generates revenues in excess of £20m. With a highly efficient supply chain and logistics capability, Lights4fun sells its products online internationally across the UK, France, Spain, Italy, Germany and the US into a market worth some £3 billion annually.

This is our fourth consecutive technology investment, building on our growing portfolio of high-quality, resilient technology businesses and allowing us to utilise our sector experience to maximise value creation. Our completed investments reflect the exciting high growth opportunities that pervade across the UK regions.

The investment was funded from our £315m Fund II and was led out of the Leeds office by James Marshall alongside Andy Ball, Tom Rowley and Mani Minhas. James Marshall and Andy Ball will join the board.

Strategy

The deal will see us working with the Lights4fun team to further expand the business’ growing product range, accelerate market share growth in the UK, enhance the company’s established international presence across Europe and invest in its marketing and data analytics capability to create long-term, sustainable customer relationships – all whilst keeping its great culture, values and people at the heart of the plan.