Whether for beginners looking for an entry-level wetsuit or a semi-pro looking for the right gear to improve performance, Wetsuit Outlet sells a full range of technical clothing and equipment for water sports.

On its best-in-class software platform, customers find premium brands such as Musto, Gill, Billabong, Rip Curl, O’Neill, GUL and Red Paddle, backed up by high-quality customer service.

Investment rationale

We provided £5m of growth capital to support continued growth of this global specialist in the online retail of technical sports clothing and equipment. The funding was provided as a combined debt and equity package.

Wetsuit Outlet plans to increase market share in Europe, expand into the US, and take its cutting-edge online platform into new verticals, by creating new brands in two other niche markets: equestrian and field sports.