Go to deals
Consumer & Retail

Ro&Zo has completed a first-ever external funding round

October 2022 — Ro&Zo has raised funds to drive its direct-to-consumer business by raising awareness of its brand, develop its operations capability and scale the business in the UK. Pembroke, the highly regarded consumer focused VCT, has invested over US$1.7million in the business.

Ro&Zo is an accessible womenswear brand which is sold in 15 John Lewis stores, johnlewis.com and Next online and is stocked on Zalando in Europe.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised on this fundraising for Ro&Zo.

“We are immensely grateful for the hard work and expertise we received from Oaklins in securing this fundraise. The team’s knowledge and communication skills were outstanding. It is the first time we have raised external funds,so we were heavily reliant on their introductions, all of which were a good fit for Ro&Zo. Their guidance through the process was exemplary. We are delighted to have chosen Pembroke as our new shareholders and look forward to a long relationship with them as we continue our growth strategy.”

Rachel Heather

CEO and co-founder, Ro&Zo

Talk to the deal team

Zuleika Salter

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Private Equity | Consumer & Retail

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.

Learn more
TNT has been acquired by PM Studio
Consumer & Retail | Other Industries

TNT has been acquired by PM Studio

TNT Group has been acquired by PM Studio Group, backed by Andera Partners, bringing together two complementary specialists in premium packaging for the beauty and luxury industries. TNT’s expertise in bespoke primary packaging complements PM Studio’s secondary packaging, gifting and creative design capabilities, creating a broader, integrated offering for major luxury brands. The transaction strengthens the group’s geographical footprint in Asia and the USA, diversifying its customer portfolio. The combined group generates over US$145 million in revenue and has approximately 150 employees worldwide. Following the transition of operational leadership to CEO Damon Kennish, the founders completed the sale to PM Studio while making a significant reinvestment alongside the management team, demonstrating their confidence in the combined group’s long-term potential. It aims to reach US$280 million in revenue by 2029 through organic growth, commercial synergies and further acquisitions.

Learn more
Capvis has sold hessnatur to Wourth Group
Private Equity | Consumer & Retail

Capvis has sold hessnatur to Wourth Group

Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.

Learn more