ISIS Equity Partners has led a £12.25m refinancing of Wiggle.co.uk.

Wiggle is refinanced by new co-owners of Fisher Outdoor

ISIS investors subscribed £7.25m for a 42 per cent stake in Wiggle alongside bank facilities arranged by HSBC.

The Wiggle founders retain a majority stake in the business and will continue to manage the company.

Full details in the next issue of Bike Biz magazine.

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