Sale of Mint Velvet to Blue Coast Capital
In December 2015, Argyll Partners acted as lead financial advisor to the shareholders of Mint Velvet on a sale of a substantial stake in the business to the Lewis Trust Group, the family owned investment firm which owns River Island.
Following on from this transaction, Argyll subsequently advised the shareholders of Mint Velvet on the sale of a all remaining equity to the Lewis Trust Group in March 2019.
Mint Velvet
leading contemporary British womenswear clothing brand, founded in 2009
trades online, as well as in stores and concessions in the UK and internationally
rapid growth in the seven years since start-up
Deal highlights
founder managed business, with entire management team continuing post transaction
deal enhances Mint Velvet’s ability to expand in the UK and into new international markets
off market transaction, in which total confidentiality was important