DMH Stallard advises Whyte Bikes on private equity investment

05 Mar 2021

DMH Stallard provided legal advice and assistance to award-winning British bicycle manufacturer, Whyte Bikes, on its strategic partnership with specialist investment firm, Cairngorm Capital Partners LLP.
 
An innovative mountain bike manufacturer known for performance and design, the company’s range now extends to gravel, commuter and youth models as well as e-bikes.  The partnership secures the long term future of Whyte Bikes, enabling the business to broaden its range, access international sales experience and facilitate entry to new markets in a very competitive field.
 
The business, based in East Sussex, was founded by Guy and Derek Farrant in 1999.  Guy Farrant, Managing Director, commented: “This is a new chapter in our history.  This partnership provides Whyte Bikes with the resources and expertise to undertake a series of initiatives that will enhance the quality of our offering, extend our product range and ultimately, benefit our customers and riders.”
 
Helen Mead, Corporate Partner at DMH Stallard, led the team advising Whyte Bikes.  Tom Watkins (Partner, Real Estate), Abigail Maino (Senior Associate, Employment) and Callum Kirk (Solicitor, Corporate) assisted on the transaction.
 
Helen commented: “Whyte Bikes is a great success story with a reputation for innovation and quality engineering.  This investment will allow the business to transform its growth potential.  Cairngorm Capital is known for investing in strong, ambitious management teams and I have every confidence that this will be a profitable partnership for all parties.”
 
Whyte Bikes is based in Hastings, East Sussex.  It employs 25 staff in the UK and sells its bikes through a network of UK and international distributors.

Further reading

Controversy surrounds remote Will witnessing amidst rising inheritance disputes

Blog
20/02/2024
The once lawful practice of remotely witnessing Wills is to be removed due to a surge in contentious inheritance disputes
Read more Read

Changes at Companies House The Economic Crime and Corporate Transparency Act

Blog
16/02/2024
The Economic Crime and Corporate Transparency Act 2023 (the “Act”) aims to deliver a range of reforms to tackle economic crime and improve transparency over corporate entities.
Read more Read

The Body Shop; once a pioneering ethical brand, now in administration

Blog
14/02/2024
Frank Bouette, Restructuring and Insolvency Partner, provides commentary on the Body Shop Administration and the fragility of the high street
Read more Read

DMH Stallard advises on St Barnabas and Martlets Hospice merger

Blog
13/02/2024
The merger is described by St Barnabas as a move that ‘aims to create a stronger, more sustainable and comprehensive hospice care organisation...'
Read more Read
  • Brighton - Jubilee St

    1 Jubilee Street

    Brighton

    East Sussex

    BN1 1GE

  • Brighton - Old Steine

    47 Old Steine

    Brighton

    East Sussex

    BN1 1NW

  • Gatwick

    Griffin House

    135 High Street

    Crawley

    West Sussex

    RH10 1DQ

  • Guildford

    Wonersh House

    The Guildway

    Old Portsmouth Road

    Guildford

    Surrey

    GU3 1LR

  • Hassocks

    32 Keymer Road

    Hassocks

    West Sussex

    BN6 8AL

  • Horsham

    3rd Floor

    Afon Building

    Worthing Road

    Horsham

    West Sussex

    RH12 1TL

  • London

    6 New Street Square

    New Fetter Lane

    London

    EC4A 3BF

  • Make an enquiry

    Make an enquiry

    Message

    Or head to our Contact us page