Wiggle wins two awards after sale

Picture: Isle of Wight Radio/PA Wire

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ONLINE bike retailer Wiggle has won two business management awards.

The firm, based in North Harbour, was handed the awards at a ceremony organised by the British Private Equity & Venture Capital Association.

Wiggle was named Private Equity-Backed Team of the Year (Mid Market) and Exit Management Team of the Year following its successful sale to Bridgepoint in December.

Wiggle was one of four winners in the South West & Wales final of the BVCA’s Management Team Awards, which celebrates the achievements of private equity and venture capital-backed companies over the past 12 months.

All will now be automatically forwarded to the national finals, the winners of which will be announced at a ceremony in London on July 5.

The awards were sponsored by Clearwater Corporate Finance.