Theo Fennell takes control of namesake company
Despite always being at its creative heart, Fennell has not been in control of the firm and its name
Founder, Theo Fennell, has taken control of his jewellery and silverware business and its name for the first time in 40 years.
Despite always being at its creative heart, Fennell has not been in control of the firm and its name.
Over the last four years, private equity firm Endless has been in charge of the firm.
Fennell recently completed the sale of Theo Fennell to TF Topco Limited, a newly incorporated vehicle backed by him and managing director Neal Sussman.
He has been designing jewellery since 1975 and opened his jewellery shop on the Fulham Road in Chelsea, London, in 1982.
As well as jewellery, the brand makes a broad selection of silver objects including Marmite jar silver lid cover, a cigar ashtray with a bust of Winston Churchill at its centre and a Jack the Ripper letter opener.
He said: “Endless have helped to establish really solid foundations and ensured that we have come through the Covid pandemic in a strong position. I’m delighted that they have now afforded me this opportunity to own the Theo Fennell name for the first time in 40 years.’
“We have always had a thriving bespoke business, but the increase has been amazing during the pandemic. Clients have told us it has been a much more rewarding process to follow the creation or customisation of a piece from start to finish, rather than just walking into a shop and buying it.”
Sussman added: “Theo and I are delighted to have been given the opportunity to drive the business forward over the coming years. We both wish to personally thank Endless for all their guidance and support over the last few years, which has helped create a business that is in better shape now than it has been for some time.”
