Music Magpie

Investment : Undisclosed

Transaction : Growth Capital

Location : Stockport

Sector : Consumer

MusicMagpie is the world’s biggest re-seller of physical media, selling two million pre-owned books, CDs, DVDs and games a month from their Stockport headquarters. Emerging as a start-up during the last recession they experienced a period of rapid growth, and have since significantly penetrated the UK market for used personal electronics, whilst also making an impact in the US. FDC backed the firm with a multi-million pound investment of development capital to enable them to pursue further expansion.