12 - Scott Weavers-Wright on building a family company into a £70m exit
Scott Weavers-Wright achieved two very successful exits before he founded Haatch. In the late 1990s, Kiddicare was a family shop selling pushchairs, car seats and the paraphernalia that babies and young children need. Scott persuaded the family to launch a website, which was the start of a decade of immense growth in which it beat many household names and became the largest in its category in Europe, before selling out to Morrisons.
We discuss the challenges of managing the business through a period of such fast growth, about serial re-platforming while empowering staff keeping customer focus throughout. We also discuss the stresses of doing this in a family business, how the sale decision came about and what happened to the business once it was inside Morrisons.