The Swiss luxury goods group Compagnie Financière Richemont SA has acquired 100 percent of the share capital of Watchfinder.co.uk limited, pre-owned premium watch specialist, in a private transaction with its shareholders.
Watchfinder was established in 2002 in the United Kingdom and through organic growth, has become a leading platform to research, buy and sell premium pre-owned watches, both online and through its seven boutiques. In addition, Watchfinder operates a highly qualified customer service centre and employees c.200 employees worldwide.
The transaction involved multiple sellers, including two venture capital funds and the managing directors.
Slaughter and May is advising Richemont on the deal with a Corporate and Commercial team led by Robert Innes (Partner, in picture), Jack Gray (Associate), Dennis Mok (Associate), Paul Duncan (Trainee solicitior); on Tax are acting Sara Luder (Partner), Kyle O’Sullivan (Associate); IP/IT: Susie Middlemiss (Partner), Daniel Owen (Associate); on Real Estate matters acting John Nevin (Partner), Tim Meade (Associate); and on Employment and Pensions law are acting Jonathan Fenn (Partner), Lucy Duane (Associate).
Involved fees earner: Robert Innes – Slaughter and May; Jack Gray – Slaughter and May; Dennis Mok – Slaughter and May; Sara Luder – Slaughter and May; Kyle O’Sullivan – Slaughter and May; Susie Middlemiss – Slaughter and May; Daniel Owen – Slaughter and May; John Nevin – Slaughter and May; Tim Meade – Slaughter and May; Jonathan Fenn – Slaughter and May; Lucy Duane – Slaughter and May;
Law Firms: Slaughter and May;