The Quercus team, led by Adrian Dray, advised the Board of Camp Hopson & Co Limited (“Camp Hopson”) on the sale of the business and assets of the group’s retail operations. Financial details of the transaction have not been disclosed.
Camp Hopson is a multi-award winning 5th generation family business that has been in the heart of Newbury for over 100 years.
Adrian Dray, Quercus Partner said: “this is an excellent deal for all the shareholders, management, staff and customers of Camp Hopson & Co Limited. We have found a partner in Morley’s who understands retailing and has a very successful track record of acquiring family owned businesses, investing in them and building on the quality of those businesses. We are delighted to have been the lead adviser on this transaction and from a personal perspective, as a Newbury man, I am delighted that Camp Hopson is in the hands of an owner who will continue to invest and that the store has the opportunity to be at the centre of the Newbury shopping experience for many more years to come”.
Jonathan Hopson, CEO of Camp Hopson added: “I am very pleased we have found a buyer who will not just keep the name, but invest in the Camp Hopson brand. Equally I am delighted that we selected Quercus as our Corporate Finance adviser. Their understanding of the dynamics of selling a 5th generation family business, alongside their tirelessness determination to deliver a premium price while ensuring a smooth transaction made a huge difference to the process and its outcome”.
Contact : Adrian Dray : 07711473237: Adrian.email@example.com
Quercus Corporate Finance is a Southern based advisory firm dedicated to delivering the very best quality transactional advice to mid-market companies, entrepreneurs and business owners. The founding partners have spent collectively over 80 years completing deals and advising owner managers, corporates and private equity investors. Each has held leadership positions in one of the Big 4 Corporate Finance practices and their track record boasts over 250 successful transactions.