Stevens & Bolton has advised Merino Private Equity on their acquisition of Tobar Group from Primary Capital.
The Tobar Group is a toy and gift retailer and wholesaler, with a retail operation comprising of Hawkin’s Bazaar stores and website, and the seasonal website Stocking Fillers.
Mark Colley, Managing Director of Merino, commented “We are delighted to announce our acquisition of Tobar. We are excited to be supporting David Mordecai, Glyn Loveday and the rest of the management team in achieving their ambition to realise the next stage of growth for the business. Stevens & Bolton supported us throughout the deal providing technically excellent, commercial and timely advice on our investment.”
Keith Syson, Partner and member of S&B’s private equity team commented “Stevens & Bolton is delighted to have helped Merino with its acquisition of Tobar. We are excited to play a part in helping new fund Merino make acquisitions and investments and look forward to supporting Merino and the management team in building and growing their business in the future.”
The Stevens & Bolton team consisted of Corporate Partner Keith Syson, Andrew Dodds (Banking senior associate), Phil Leyshon (Corporate senior associate) and Nirav Patel (Corporate associate).
Keith Syson