Made.com Group Plc (LSE:MADE) acquired StreetHub Limited for £3.3 million on May 6, 2022. The acquisition will be fully funded by cash. Total cashflow on the combined acquisition consideration and capex is now expected to be £13-18 million for 2022, compared to previous guidance of £15-20 million. Trouva will continue to operate as a standalone brand led by the current leadership team of Alex Loizou, Chief Executive Officer and Dimple Patel, Chief Operating Officer.

Made.com Group Plc (LSE:MADE) completed the acquisition of StreetHub Limited on May 6, 2022. Caroline Rae, Hayley Brady, Casey Dalton, Nick Wright, Mark Ife and John Chetwood of Herbert Smith Freehills LLP acted as legal advisor to Made.com.