5 February 2021Press Releases
James Cowper Kreston Corporate Finance advises the Shareholder’s of Nicola Jane on the disposal to The Milbank Group
Investment firm The Milbank Group acquired of mastectomy and postsurgery wear specialist Nicola Jane, which is based in Chichester.
Established in 1984, Nicola Jane’s mission has always been to restore confidence and femininity after breast surgery following a breast cancer diagnosis, selling pocketed mastectomy bras, swimwear and breast forms.
Peter Lawrence, founder and managing director of Nicola Jane, said: “I would like to thank the team at James Cowper Kreston, Dylan Polley and Stewart Lambert for helping me through the entire sales process. I have never been involved in a business sale before and I certainly needed professional advice and hand holding through the transaction.
They assisted through the preparation stage and then found a number of buyers I didn’t know existed. They handled the negotiations and assisted greatly during due diligence, which is not to be taken lightly.
I am very satisfied with the outcome as I certainly could not have managed on my own. I think we found the right people to take over the business, look after the staff and care for the customers.”
Stewart Lambert, said: “We are delighted to have assisted Peter on the disposal of Nicola Jane to The Milbank Group. Peter has built up a fantastic company which has a great ethos and the business demonstrated its resilience and robustness by continuing to trade strongly through COVID. Congratulations to all involved.”