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The 21 Diligence Process for the CVC Investment
We obviously came at it with a very high degree of conviction, also in the long term growth of the business. And through that, I think had a great advantage compared to other more opportunistic investors. The 21 diligence for the original investment obviously was backed by a lot of industry work upfront. Ultimately, we convinced ourselves that there was a very exciting path for this brand to go on.