The Daisy Group will demerge its channel business Digital Wholesale Solutions (DWS) following an investment from private equity firm Inflexion.
Inflexion is said to have acquired a “significant” minority stake in DWS that values the business at £1 billion and the demerger is viewed as the final step in the division of the two companies.
Daisy combined its three channel units into a single vendor back in 2019, claiming the ability to operate at an arm’s length would give it the freedom to develop an independent strategy that would better serve its customers and encourage further growth.
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