Ashcombe advises Loaf on its sale to Blue Coast Capital
Ashcombe has advised Loaf’s shareholders on a sale of the business to Blue Coast Capital
Loaf is a leading homeware brand that designs and sells sofas & armchairs, beds & mattresses, cabinetry furniture and homewares
The partnership will give Loaf the opportunity to accelerate its development in the UK and beyond
Ashcombe is pleased to announce that it has advised the shareholders of Loaf on a sale of the business to Blue Coast Capital.
Loaf, founded in London in 2008, is one of the UK’s leading homeware brands. It designs & sells laid-back sofas & armchairs, beds & mattresses, cabinetry furniture and homewares through an omnichannel proposition with most core products made-to-order by factories in the UK.
Blue Coast Capital is a diversified private UK investment vehicle with a deep history of UK retail, including River Island.
Simon Bullivant, Founding Partner of Ashcombe, commented:
“Ashcombe are delighted to have supported this transaction. Blue Coast recognise what a fantastic brand and opportunity Loaf is and have the skills & resources to help it achieve its full potential through the next stage of its growth”.
Charlie Marshall, Loaf’s Founder, commented:
“We have worked with Ashcombe for the last 4 years. They have been pivotal in helping all stakeholders achieve our aims whilst also navigating a number of complicated issues”.