Mobeus investment in stand-up paddleboard leader delivers 4.9x return
- On November 30, 2021
- By GrowthInvest Marketing
Stand-up paddleboard owner Tushingham Sails, best known for its Red Paddle Co brand, has been sold to the Myers Family Office. The business was held in the Mobeus VCTs which were acquired by Gresham House in September this year. The VCTs have fully realised their investment generating a money multiple of almost 5x and 32% IRR.
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