{"id":163790,"date":"2020-12-31T10:17:57","date_gmt":"2020-12-31T10:17:57","guid":{"rendered":"https:\/\/www.theindustry.fashion\/maternitywear-brand-seraphine-acquired-in-a-50m-deal\/"},"modified":"2021-08-06T12:09:42","modified_gmt":"2021-08-06T12:09:42","slug":"maternitywear-brand-seraphine-acquired-in-a-50m-deal","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/maternitywear-brand-seraphine-acquired-in-a-50m-deal\/","title":{"rendered":"Maternitywear brand Seraphine acquired in a \u00a350m deal"},"content":{"rendered":"
Seraphine, the London-based premium maternity-wear brand, has been acquired by Mayfair Equity Partners and its management in a deal that values the business at \u00a350m.<\/strong><\/p>\n <\/p>\n The move will enable founder C\u00e9cile Reinaud, who is said to have made \u00a320m from the sale, to retire from the business.<\/p>\n CEO David Williams, along with the management team,<\/strong> and Mayfair Equity Partners bought out Reinaud and former backer Bridgepoint Growth.\u00a0Williams joined the business from ASOS as COO in 2017<\/strong> and stepped up to the CEO role in 2019; at the time Reinaud stepped back into a part time role.<\/p>\n