Snappy Snaps Franchises Limited has been acquired by Timpson Group plc
Timpson Group plc, the Manchester-based family-owned retailer, has acquired a 100% stake in Snappy Snaps Franchises Limited and all related intellectual property for an undisclosed consideration.
Established in 1983 by Don Kennedy and Tim MacAndrews, Snappy Snaps is the franchisor for a chain of 120 high street shops offering photo and imaging services in central London and throughout the south-east of England. The company generates revenues of over US$2.5 million principally in royalty based franchise fees and it has been consistently profitable.
Timpson has a national chain of 750 shoe repair shops and 200 Max Spielmann photo shops based mainly in the north of England.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
UniKidz has partnered with Karmijn Kapitaal
Karmijn Kapitaal has acquired a majority stake in UniKidz, a talent development organization that provides a scientifically-based developmental approach through high-quality childcare. Through the partnership with Karmijn Kapitaal, UniKidz can take the next step in bringing their unique concept to even more children.
Learn moreProvital GmbH has been acquired by EMERAM Capital Partners
Dr. Thomas Brandner has sold a majority stake in Provital GmbH to private equity firm EMERAM Capital Partners. The transaction secures the future development and growth opportunities of the pet food company as EMERAM Capital Partners takes on ownership and acts as its strategic partner.
Learn moreVenus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc
The shareholders of Venus Wine & Spirit Merchants plc have sold the company to Booker Group Ltd., a subsidiary of Tesco plc. The move allows the Tesco subsidiary to bolster its on-trade portfolio through the addition of Venus’ range of over 2,000 spirits, beers, wines and soft drinks.
Learn more