Sale of Nkuku to Bridges Ventures

 
Nkuku website credential.png

TRANSACTION TYPE
Sale

VALUE
Undisclosed

SECTOR
Multichannel Retail

WEBSITE
nkuku.com

 

Argyll Partners acted as lead financial adviser to the shareholders of Nkuku on an investment in the company by private equity firm Bridges Fund Management (“Bridges”), the specialist sustainable and impact investor.

Nkuku

  • fast-growing ethical home and lifestyle brand based in Devon

  • works directly with artisans around the world to create and sell beautifully handmade products which combine traditional craftsmanship with sustainable natural materials

  • sells directly to consumers via its website, Nkuku.com, and through retail partners and a store

Project highlights

  • worked with the founders of Nkuku for three years to advise on preparations for, and the timing of, a process

  • managed a competitive investment process to achieve an attractive valuation

  • selected preferred investor with clear alignment on strategy, values and impact

  • investment will help support digital marketing, other growth initiatives, and help strengthen Nkuku’s focus on impact and sustainability

Co-founders Ali and Alex Cooke jointly commented:

“We were greatly impressed by the role the Argyll team played in Nkuku securing investment from the well aligned ethical investment fund, Bridges. Constantly on hand with their expertise, years of experience and extensive knowledge they were an important guiding hand and support throughout the entire process.”