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
DierenDokters has been acquired by VetPartners
DierenDokters, a leading group of fourteen veterinary clinics located across the Netherlands, has been acquired by VetPartners, a UK-based group of over 650 veterinary clinics and hospitals located across Europe. By partnering with VetPartners, DierenDokters welcomes a strong new shareholder that will help further enhance DierenDokters’ clinics’ service offering and allow the clinics to continue focusing on providing the best possible animal healthcare services.
Learn morePrivate shareholders have sold a minority stake in Turisthotel d.d. to Tankerska plovidba d.d.
A group of private shareholders have sold their stake in Turisthotel d.d. to Tankerska plovidba d.d.
Learn moreKubus Sports has raised debt to acquire Naish
The financing was provided by Rabobank and will support Kubus Sports’ strong international growth ambitions.
Learn more