Sale of minority interest Crew Clothing Co to Livingbridge
Argyll Partners acted for the founder of Crew Clothing to raise equity and debt from Livingbridge and Lloyds respectively.
Crew Clothing
multi-channel clothing brand
Deal highlights
shareholders sold a 25% stake for £7 million
Crew delivering operating profit of £1.4 million at the time of the transaction
£2 million of new capex facilities raised for new store expansion