Industry Insights
OMMAX advised SCS on the successful acquisition of Snug
OMMAX advised SCS on the successful acquisition of Snug
Snug, as a digital first company, has managed to acquire significant brand equity in only 3 years. Dr. Stefan Sambol, Partner & Co-founder at OMMAX, comments: "We would like to congratulate ScS on the acquisition of the innovative brand SNUG, which offers great potential both online as well through integration with ScS‘ wide retail network."
ScS was very satisfied with OMMAX’s work.
About ScS
ScS has a strong heritage in the furnishing business, being founded in 1894 and having evolved to the second-largest specialist for sofas and carpets in Britain. Operating 98 stores across the UK, ScS employs 1,500 people and is listed on the London Stock Exchange.
For more information about ScS, please visit: ScS
About Snug
Snug is a UK-based furniture retailer that pioneered the category of sofas-in-a-box, focusing on modular sofas with ease of delivery. Snug has been growing rapidly between 2019 and 2021 and expanded its product offering to five product lines covering everything from simple one-seaters over Chaises to full corner sofas and sofa beds.
For more information about Snug, please visit: Snug
About OMMAX
We believe everyone can become a digital leader.
OMMAX is a fast-growing digital strategy consultancy specializing in transaction advisory, strategy, and end-to-end execution of digital initiatives. It’s our vision to build digital leaders worldwide to foster innovation and accelerate digital growth and profitability. Since 2011, we realized 500+ M&A deals with >€20B deal value and 3,000+ international value creation projects in various industries for leading private equity firms in commercial strategy, digital operational excellence, advanced data strategy, analytics, tech, and automation. As a front-runner for holistic data-driven strategy consulting and end-to-end execution, we are the leading consultancy within the global private equity sphere, designing and delivering best-in-class digital strategy and value creation.
Do you want to know more about OMMAX’s experience in transaction advisory? Get in touch with Dr. Stefan Sambol: stefan.sambol@ommax.de
