BlueGem news and archive

PAI Partners acquires haircare platform Beautynova

Beautynova, the professional haircare platform, has been acquired by private equity firm PAI Partners from Bluegem Capital Partners for an undisclosed amount. In a statement, PAI Partners said the acquisition would be through its fund dedicated to mid-market opportunities and that upon competition, PAI would be the majority shareholder owning a...

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Management|UPDATE

Jack Wills founder joins forces with Liberty owner for buyout

London - Peter Williams, founder of Jack Wills, has joined forces with private equity firm BlueGem, owner of iconic British department store Liberty, in a multi-million pound buyout to take over the high street preppy retailer. Together, Williams, CEO at Jack Wills, and BlueGem Capital Partners have acquired 100 percent holding of the Jack Wills...

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Retail

Liberty aims for overseas expansion prior to stock flotation

London - Before floating on the London Stock Exchange in 2018, London department store Liberty plans on spreading its wings into international markets overseas once more. The department store is set to launch its home-label merchandise in department stores in the US, Italy and the Netherlands in order to increase the brand's presence. It will...