BlueGem Capital Partners has acquired Light & Living

May 2019 — BlueGem Capital Partners has acquired Light & Living LLC from Mentha Capital.

BlueGem Capital Partners is a London-based private equity firm founded in 2007. The firm invests in mid-market companies located in Western Europe and focuses on retail and branded consumer goods, distribution and business services. It takes both majority and minority stakes and has a flexible approach in terms of deal structure to accommodate the requirements of entrepreneurs, families and co-investors.

“We are thrilled to be able to partner with Robin and his teams in Light & Living’s new phase of growth. We see numerous opportunities to gain market share in existing and new geographies and also to expand into new product categories, either organically or through acquisitions,” said Mathieu Develay, Investment Director at BlueGem Capital Partners.

Founded more than 40 years ago, Light & Living is a leading brand in affordable decorative lighting and home decor accessories. The company exports to 80 countries worldwide and has offices in the Netherlands, Norway and China. Its agile product development process and supply chain ensure that customers benefit from products which are always on trend, of good quality and at affordable prices, delivered in a record time.

Mentha Capital is an independent private equity firm active in the lower end of the mid-market in the Netherlands and Flanders, investing in established, mid-sized and profitable companies with clear opportunities for growth along multiple avenues, such as organic growth, expansion in new markets or a buy-and-build approach.

Our role in the transaction

Oaklins' teams in Belgium and the Netherlands advised BlueGem Capital Partners on the valuation, exit and benchmark analysis, market intelligence and bid tactics.