A month after its administration announcement, jewellery designer Theo Fennell has entered a management buyout with private equity investor Endless.
The Telegraph reports that Enact, the SME investor managed by Endless, has put £5m into the business.
The eponymously named brand was set up in 1982 and has since become a favourite among celebrities such as Elton John and Naomi Campbell. It has a flagship store in London’s South Kensington.
Theo Fennell said: “I am thrilled by this outcome as Endless really understands this brilliant British business and its passionate team and we will be allowed to do what we have done best and successfully for 45 years: producing wonderfully designed and beautifully made jewellery and silverware, much of it bespoke or unique for people who love originality and craftsmanship.”
Garry Wilson who led the investment for Endless, added: “Theo Fennell is a fantastic and well-loved British brand. Theo plans to take the business back to its roots in Fulham Road providing unique pieces for its customers.
“We are delighted to be working with Theo and his talented team of artisan designers and craftsmen.”
