POP Capital buys New & Lingwood

Correction (21/12/15): this article wrongly mentioned South African fashion group Spitz as the seller of New & Lingwood to POP Capital. This has been corrected below.

Following a sales process led by Cavendish Corporate Finance, the Spitz family will retain a minority stake in the company, with former owner Anthony Spitz remaining with New & Lingwood as chairperson. Spitz, its family and other associates had acquired New & Lingwood in 1992.

POP Capital secured a majority stake in the company; the cash injection will support international growth for the business.

Company
Founded in 1865 as an outfitter for British public school Eton College, New & Lingwood is a fashion retailer based in London's Jermyn Street.

The business sells a range of menswear from brands including Bowring Arundel, Poulsen Skone and WV Brown.

People
Alexander Duckworth is a partner at POP Capital. Anthony Spitz is the chair of New & Lingwood.

Advisers
Company - Cavendish Corporate Finance (M&A).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• UK / Ireland
• Consumer
• United Kingdom