From the wooded peaks of the East Coast's Blue Ridge to Hawaii's tropical Mauna Loa, the mountains are the ultimate retreat for people who want to get away from it all. The gorgeous views, fresh air, and the sheer joy of sitting on top of the world are a few of the elements that draw homeowners to these remote locations. We'll follow families as they search for their oases in the clouds on Mountain Life.
Runtime: 30 minutes
Mountain Life - Mountain Warehouse - Netflix
Mountain Warehouse is a British outdoor retailer selling equipment for hiking, camping, skiing, cycling, running and fitness. Founded in 1997 by Mark Neale; Mountain Warehouse has grown from a single outlet store to over 240 stores in the UK, Europe, New Zealand and North America.
Mountain Life - History - Netflix
In 1997 Mountain Warehouse was founded as the retail partner of Karrimor International, the UK based outdoor clothing and equipment manufacturer. Investment company 21 Invest (now Investindustrial) were Karrimor’s lead investor. 21 Invest sold Karrimor’s core business to South African leisure group Cullinan Holdings in February 1999. The stores, that were initially branded Karrimor, were subsequently re-branded to Mountain Warehouse. Mountain Warehouse sold multi-branded outdoor clothing and equipment as well as its recently launched own brand of clothing. In August 2002 NBGI Private Equity acquired the business from 21 Invest and managing Director Mark Neale buying a majority stake in the company. CEO Neale reinvested most of his proceeds into the new acquisition. In the years that NBGI worked with Mountain Warehouse their own brand product offering increased from 5% to 80%. In July 2007 Arev, via KCAJ, its Icelandic investment fund, acquired a £15m business stake in a tertiary buyout from NBGI Private Equity. A majority shareholding was procured by Mountain Warehouse management. In August 2010 the private-equity arm of Lloyds Banking Group, LDC, took a 23% minority stake in the business as part of a £47m buyout. The mid-market private equity division more than doubled its original investment. In November 2013 the management team led by founder and CEO Mark Neale bought out minority shareholder LDC to take full ownership of the retail chain. Mr Neale personally owns 85% of the business. The £85m deal was backed by the Royal Bank of Scotland and asset management firm Alcentra.
Mountain Life - References - Netflix