Marks & Spencer’s launching Founders Factory Retail

Slaughter and May advised Marks & Spencer on the launch of Founders Factory Retail, a joint venture with Founders Factory focused on investing and growing start-ups.

M&S will become Founders Factory’s exclusive UK retail partner, and invest in a number of start-ups, sourced through Founders Factory’s global network, which will expose the business to new technologies, business models and entrepreneurial thinking, as it seeks to put digital at the heart of its transformation strategy.

M&S will become the majority shareholder within the JV which will build a portfolio of investments in fast growth start-ups, which it will seek to grow and scale.

Slaughter and May advised Marks & Spencer on the deal with a Corporate team led by Paul Dickson (partner, in picture), assisted by Holly Abel (associate); on IP/IT law acted David Ives (partner) and Matthew Harman (associate); and on Tax matters advised Dominic Robertson (partner) and Deeksha Rathi (associate)

Involved fees earner: Paul Dickson – Slaughter and May; Holly Abel – Slaughter and May; David Ives – Slaughter and May; Matthew Harman – Slaughter and May; Dominic Robertson – Slaughter and May; Deeksha Rathi – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Marks & Spencer (M&S);