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Value £2,300,000
Summary
Spiral Cellars has been acquired by its chief executive Mark Down and technical director Sam Stockdale in a management buy-out backed by a £2.3 million loan from Frontier Development Capital.
Summary of transaction details:
- Value: £2.3 million
- Sector: Consumer Goods
- Advisor: PKF Smith Cooper
- Key Entities: Spiral Cellars, Mark Down, Sam Stockdale, Frontier Development Capital
- Location: UK
Note: The acquisition is expected to accelerate Spiral Cellars' growth internationally, bringing the UK's leading luxury wine cellaring brand to new markets.
Lead Investor / Acquirer
Mark Down
Lead Investor / Acquirer
Sam Stockdale
Advising Broker
PKF Smith Cooper
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Exited prioritisedOriginal Source
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