Rockpool invests in Wearwell
3 years ago
Rockpool Investments LLP is delighted to announce its investment of £5m into workwear provider Wearwell. Joining Wearwell as chief executive is Richard Wright, former Vice President of Kwintet, an international workwear supplier.
Wearwell is a British designer and manufacturer that provides high quality technical workwear catering to most industrial needs. Established in 1939, Wearwell has a long legacy of strong customer retention based on service, quality, innovation and price, with many leading global blue-chip brands using its garments. With significant manufacturing capability in the UK, Wearwell is able to provide customers with a 24-hour response time along with a range of value-added services, including alterations, embroidery, heat seals and the manufacture of non-standard sizes.
Brabners Corporate Finance advised Richard Wright during the transaction. Smith Cooper advised the shareholders of the company.
Darran Green, Investment Director at Rockpool said:
“We are delighted to support Richard and the Wearwell team in a buy-in management buy-out of the company. We see in Wearwell a well-established British brand that has a strong pipeline of opportunities to grow in the workwear sector.”
Richard Wright, Chief Executive Officer of Wearwell, said:
“Having been in the workwear industry for many years, I am thrilled to be part of taking the Wearwell brand into its next stage of development. The team and I are excited about our plans for the brand’s future and we are looking forward to realising these with Rockpool’s support.”