I Want One of Those

Last updated

IWOOT
Type of site
Online shopping
Founded2000;23 years ago (2000)
Headquarters
United Kingdom
Founder(s) Tim Booth, Angus Clacher and Mike Morrison
Products Gadgets, toys, clothing and homeware
URL iwantoneofthose.com

I Want One of Those (also referred to as IWOOT) is an online retailer of gadgets, toys, clothing and homeware. [1] [2] It was acquired by THG plc from Findel Group in 2010. [3] In July 2023, THG confirmed the sale of its OnDemand division to its existing leadership team, with financial backing from investment firm Gordon Brothers. [4]

History

The company was founded in January 2000 by Tim Booth, Angus Clacher and Mike Morrison with an initial investment of £15,000. [5]

In October 2004, Kleeneze plc acquired IWOOT for £6.0 million in cash to be paid over a three-year period plus performance related deferred consideration of up to £4.65 million, payable over three years. [6]

In August 2010, I Want One of Those and the wedding planning website Confetti were sold by Findel plc to The Hut Group for £600,000. [7]

In July 2023, THG confirmed the sale of the OnDemand division, including IWOOT, to its existing leadership team as ZavviGroup Ltd, with financial backing from investment firm Gordon Brothers. [4]

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References

  1. "Company Overview of I Want One of Those.com Limited". Bloomberg Businessweek. Archived from the original on 25 May 2010. Retrieved 2 March 2014.
  2. Arm, Aaron (12 March 2006). "Gadgets Galore: IWantOneofThose.com". Imprint Magazine. Retrieved 29 January 2016.
  3. "The Hut Group makes double acquisition". Growth Business. 12 August 2010. Retrieved 5 February 2017.
  4. 1 2 "THG sells OnDemand division to management". Retail Gazette. 21 July 2023. Retrieved 21 July 2023.
  5. "Company Overview". IWOOT. 2006. Archived from the original on 27 May 2007. Retrieved 25 October 2016.
  6. "FE Investegate". FE Investegate. Retrieved 14 March 2017.
  7. Rigby, Chloe (13 August 2010). "Confetti and I Want One of Those change hands". Internet Retailing. Retrieved 29 January 2016.