Bright Harbour Advisory has advised the shareholders of Jermyn Street Design Limited (‘JSD’) on its sale to management with investment from Connection Capital LLP. Founded over 40 years ago by Susanne Malim, and now run by CEO Ann Dowdeswell, JSD provides bespoke, sustainable corporate clothing for a variety of blue-chip clients. Its impressive and longstanding client base including Jet2, PureGym and Intercontinental Hotel Group are attracted by JSD’s bespoke designs and ESG credentials and retained through exceptional service and innovation.
Connection Capital recognises and respects the attributes that make JSD stand out, seeing supporting Ann in her Management Buy-Out as an excellent opportunity for its private client investors. Susanne Malim, Founder of JSD, said: “Bright Harbour Advisory’s hands on approach guided us through each step of the transaction. It is so gratifying to both achieve a financial exit and to know the business I started will continue to flourish under Ann’s stewardship. A big thank you from me to Eleanor and the rest of the Bright Harbour team.”
Ann Dowdeswell, CEO of JSD, said: “Eleanor and her team of experts are very professional, hands on and committed, with outstanding attention to detail. They have been a pleasure to work with.”
Eleanor Wilkinson, Partner, who led the Bright Harbour Advisory team, commented: “JSD’s ethos that “no one is uniform” really resonated with me, as I also believe no two businesses are alike. It was great to get to know Ann and the team, whilst securing an exit for Susanne and Jeff. I’m confident Connection Capital will be an ideal partner for the business going forwards and look forward to watching it build on its successes.”
For more information or to discuss how we may be able to help you, please contact Eleanor Wilkinson.