OC&C advises Bike24 on its recent IPOMonday, July 26, 2021 | News
We are pleased to congratulate Bike24 on its recent IPO. Bike24 is of one Europe’s leading cycling, outdoor, fitness and swimming products e-tailers. The company had revenues of €199m in 2020, has achieved growth rates averaging 30% in recent years, and has consistently delivered double digit EBITDA margins. The IPO is expected to raise €100m which will be used to expand Bike24’s international fulfilment and tailor its proposition for new local markets.
OC&C is one of the leading strategy advisory firms in ecommerce and digital platforms with deep experience in sports and fitness businesses.