Silverfish UK’s Management Buyout

In UK Foot Anstey, advised on the matter.

Foot Anstey advised Silverfish UK with a team including Ken Lewins (Picture – Corporate M&A).

Connection Capital provided an investment to support a management buyout of Silverfish UK, the Cornwall-headquartered mountain bike supplier.

The investment from Connection Capital will enable the Silverfish team to enhance its growth and facilitate investment into customer support infrastructure, whilst it carries out its European expansion.

Since its inception in 1999, Silverfish UK has created a space in the distribution market focusing on premium products. The bike supplier now operates in the UK, Ireland and a number of European territories. Its portfolio includes names such as Yeti Cycles, FOX, Michelin, Race Face, SDG, Knog, Marzocchi, CushCore, Peaty’s, Ride Concepts and Skratch Labs.

The Corporate team at Foot Anstey included Ken Lewins (Picture), Partner and Fergus Baker, Senior Associate who advised on and delivered expert legal advice to  Silverfish UK throughout the process. The advice also included input from the Tax, Trusts, Banking, Real Estate and Employment teams.

 

Involved fees earner: Fergus Baker – Foot Anstey; Ken Lewins – Foot Anstey;

Law Firms: Foot Anstey;

Clients: Silverfish UK;

Author: Giulia Di Palma