
Magenta invests in Maker&Son
Magenta Partners has invested in home furnishings brand Maker&Son.
The investment is the fourth of Magenta's latest fund, which targets equity investments of £5-20m. Magenta Partners Fund II held a final close on £60m in August 2017.
The other assets in the fund are full-line insurance company EGV, online travel sector marketplace FastPayHotels, and payment processing platform Trustpay Global, according to Unquote Data.
Company
Founded in 2018, Maker&Son currently operates in the UK, Ireland, the US, Australia and New Zealand with products made locally in each territory. The company is based in Balcombe and sells furniture.
People
Magenta Partners – Chase Emson (partner).
Advisers
Equity – Addleshaw Goddard, Marc Field (legal); Smith & Williamson, Philip Quigley (corporate finance).
Company – Philip Lee, Andrew Tzialli (legal); Hillier Hopkins, Meeten Nathwani (corporate finance).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater