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Wowcher

The deal

Investing in a leading UK and Irish e-commerce marketplace

Undisclosed

Deal size, November 2015

Fund III

Current investment

The teams

Management Team

Chair: Roland Bryan

CEO: George Oborne

The story

Wowcher Group is a leading female-focussed offers platform in the UK and Ireland. The company helps its customers access luxury for less across a broad range of local services, international travel and goods, reaching +30m subscribers across app, mobile, web and email platforms. By driving sales through product discovery and personalised offers, Wowcher’s proposition differentiates itself from more traditional e-commerce markets. 

Exponent acquired Wowcher from DMGT, combining it with the UK and Ireland operations of LivingSocial, and has since acquired additional leading platforms including SpaBreaks. 

We were attracted to Wowcher due to its loyal customer base and distinctive brand. This foundation has enabled both organic and inorganic growth as we expanded the audience, refined the proposition, and invested in technology, personalisation, and operations.