Creaseys advise on Cath Kidston sale
Tax advice for Cath Kidston in sale to private equity firm
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
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleWe all understand the role of lawyers in an arbitration, to argue over points of liability and who was at fault. But most commercial cases are brought...
View articleAn anonymous corporate finance veteran with over 20,000 hours of experience unlocks invaluable insights by pulling back the curtain on the rarely seen...
View articleThe UK's National Living Wage increase to £11.44/hr demands significant adjustments in payroll and reporting for accountants, impacting compliance, fi...
View articleThis regulatory update aims to simplify the reporting process, reduce administrative burdens, increase accuracy, and provide real-time reporting capab...
View articleTechnology could enable this by allowing teams to 'speak the same language' Read More...
View articleBegbies Traynor had a strong first half to its year, buoyed by increased revenue and a number of acquisitions Read More...
View articleRicky Shankar, Chairman of Clear Factor, explains how his own experience with banks led to the creation of Clear Factor - a decentralised global invoi...
View articleLooking at spending patterns of more than 1000 Spendesk users in 35 European countries, making 800,000 transactions totalling over €120million, the ‘S...
View article