
TLT completes YFM investment in Frescobol Carioca
The investment will be used to support the continued growth of the Frescobol Carioca business, furthering the global customer base, developing ecommerce opportunities and investing in additional resource to build on the brand’s growing reputation. Frescobol has grown rapidly in recent years, with over 200 stockists including Harrods, Mr Porter, Matches Fashion and the One & Only Resorts.
TLT has been advising YFM since 2016 through the firm's dedicated venture capital and fast growth team, which advises growing businesses and their investors.
The TLT team was led by corporate lawyer Nina Searle with support from Sarah Bratton Bishop (corporate), Ellie Bennun (real estate), Alison Cameron and Catherine Roylance (employment).
Charlie Robinson, partner at YFM, says: "We have been supported by the TLT team on numerous investments over the years and continue to be impressed by the way they navigate the complexities of each investment to ensure a seamless client service and a smooth transaction process. Nina and her team provided us with invaluable advice throughout the transaction; they are real experts in the retail and consumer goods sector, and in growth capital investments."
Nina Searle at TLT, says: "YFM has a strong track record of growth capital investments, and we, like YFM, understand that the nature of these investments means that investors, companies and founders all need to work together to maximise future opportunities for growth and success. Despite tough trading conditions, many fashion retailers and brands continue to enjoy strong sales and Frescobol Carioca, with YFM's backing, is a great example of a brand with significant growth potential."
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