Darwin invests in Fenn Wright Manson

Women's clothing brand Fenn Wright Manson has been acquired by Darwin Private Equity.

London-based Fenn Wright Manson produces a range of women’s clothing and accessories and has 12 stores and 61 department store concessions across the UK. Established in 1974, the company currently employs 400 staff.

Darwin is backing the existing management team who have all reinvested in the business, and has announced plans to develop the company by opening additional stores.

Under the terms of the deal, managing director Colin Fenn, who is also one of the company’s founders, has stepped down from the board. Louise Barnes and Sheila Wye have been appointed by Darwin as executive chairman and finance director respectively.

Formed in 2007, Darwin invests in UK-based businesses worth up to £100 million. The deal is Darwin’s fourth transaction and follows the acquisition of the baby food business Plum Baby for £10 million in May this year.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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