BusinessCorporate FinanceCreaseys advise on Cath Kidston sale

Creaseys advise on Cath Kidston sale

Tax advice for Cath Kidston in sale to private equity firm

Creaseys
has been involved in helping Cath Kidston sell a substantial stake in her
business, in one of the UK’s most high profile private equity deals of the year.

The firm’s tax partners, Elizabeth Robertson and Richard Holme, worked with
Kidston and lawyers Thomson Snell & Passmore in representing her interests
in the transaction.

The deal, which has been mooted at valuing the company at £100m, sees Cath
Kidston Ltd (CKL) sold to a newly incorporated company owned by TA Associates
and the CKL management team, including Kidston herself.

CKL was founded from a single shop in Holland Park in 1993.

Kidston said: “I must say Richard Holme and Elizabeth Robertson have looked
after me very well and I couldn’t be happier with my service from Creaseys to
date.”

Further reading:

Execs’
M&A confidence improves

Accounting
for M&As “poorly applied” by companies, warns watchdog

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