Inflexion confirms stake sale in Jack Wills
Inflexion Private Equity today confirms that funds managed by Inflexion have sold their stake in Jack Wills, the premium fashion retailer, to BlueGem Capital Partners LLP. Financial details of the transaction are not disclosed.
Through our minority investment, Inflexion worked closely with the Jack Wills team to support a store roll-out plan and international expansion. During our partnership store numbers grew from 21 in the UK to over 80 stores in the UK, the US, Asia and the Middle East, complemented by the brand’s international omni-channel retailing platform. With this expansion has come significant growth in employees, rising from 142 at investment to almost 1,900 across four continents by early 2016.
The exit of Jack Wills comes amid a busy investment period for Inflexion, recently adding Group IMD and Reed & Mackay to our portfolio of investee companies.