Snappy Snaps Franchises Limited has been acquired by Timpson Group plc
Timpson Group plc, the Manchester-based family-owned retailer, has acquired a 100% stake in Snappy Snaps Franchises Limited and all related intellectual property for an undisclosed consideration.
Established in 1983 by Don Kennedy and Tim MacAndrews, Snappy Snaps is the franchisor for a chain of 120 high street shops offering photo and imaging services in central London and throughout the south-east of England. The company generates revenues of over US$2.5 million principally in royalty based franchise fees and it has been consistently profitable.
Timpson has a national chain of 750 shoe repair shops and 200 Max Spielmann photo shops based mainly in the north of England.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
National World PLC has been acquired by Media Concierge Holdings Ltd
Media Concierge has acquired National World a UK-based multimedia company with a diverse portfolio of regional and national digital and print brands. The acquisition marks a new chapter for National World, which publishes over 100 regional news brands, including The Yorkshire Post and The Scotsman. Media Concierge, owned by Malcolm Denmark, has stated its intention to support National World's existing model of building a sustainable and independent news business.
Learn moreTrodo has secured financing from SEB Bank to buy out minority shareholder
Trodo, a leading e-commerce brand for automotive spare parts and accessories, has successfully secured a senior debt facility from SEB Bank. The financing enabled the company to buy out its Norwegian shareholder, a long-term business partner who played a pivotal role in establishing Trodo’s operations in Norway during its early years.
Learn moreHero Brands has secured strategic investment from True Capital Partners for German Doner Kebab
Hero Brands, the owner of German Doner Kebab (GDK), has received a strategic investment from True Capital Partners, a leading investment and innovation firm focused on the consumer sector.
Learn more