Lawyers at Bond Dickinson, the national law firm with a major office in Bristol, have advised long-standing client Piper Private Equity on its £8m investment in designer swim and leisurewear brand Orlebar Brown.
The deal is the latest by Piper in a series of investments in fast-growing fashion, retail and leisure brands, including Bristol-based Latin American restaurant chain Las Iguanas, Bottlegreen, the Gloucestershire-based cordial producer, and Boden, the label of choice for the fashion-conscious middle class.
It also comes just six weeks after Bond Dickinson advised on Piper’s £5.75m investment in Turtle Bay, the rapidly-expanding Caribbean-themed restaurant chain launched by Las Iguanas co-founder Ajith Jajawickrema.
Other Piper deals involved Bond Dickinson include Loungers, the Bristol-based up-market bar chain and Weird Fish, the trendy clothing brand based in Cheltenham.
London-based Orlebar Brown was created in 2007 and is stocked in high-end shops such as Harrods and Selfridges. It also has three of its own shops in the capital.
Bond Dickinson corporate finance partner Simon Hewes, pictured, who led the firm’s legal team advising Piper, said: “We were delighted to advise Piper on another investment. Orlebar Brown is an entrepreneurial company with a great brand and ambitious plans for international growth.”
Bond Dickinson's team of corporate finance and banking lawyers advise private equity firms, investee companies, management teams and debt providers on private equity transactions, including growth and development capital.
