BusinessCorporate FinanceDaisy chain gets bigger

Daisy chain gets bigger

Children department store Daisy and Tom is set to open more shops over the next few years, after its owner Chelsea Stores raised £2.7m in investment funds.

Mid-tier accountancy firm PKF worked alongside new investors and provided advice and due diligence to fund managers. ‘I have little doubt that Chelsea Store’s strong management team will make its expansion plans a resounding success,’ said. Clive Brook at PKF.

Venture capital firm Downing Classic VCT3 provided £500,000, while shareholders Quester and DC Thomsom made undisclosed investments.

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