Michelmores is pleased to have advised reupholstery and furniture repair business Upholstery2u on a £1.125 Million investment by Middleton Enterprises.
Upholstery2u offers on-site services, in-house repairs and maintenance contracts. The award-winning business, founded in 2021 by Daniel and Michael Boyle, prides itself on delivering a personalised, human service that prioritises the needs of its clients and thriving in multiple industries, catering to the diverse needs of businesses nationwide.
Family investment firm Middleton Enterprises is a team of nine professionals, backing fast-growing businesses and managing the interests of the Middleton Family. The firm provides opportunities for future generations and helps to create growing businesses that build wealth and employment.
The investment in Upholstery2u by Middleton Enterprises will enable the former to consolidate its position in the market and expand internationally.
The Michelmores team advising on the investment was led by Partner Adam Kean, along with Associate Ben Adams, both from the Firm’s Corporate team.
Michael Boyle, Managing Director and joint CEO of Upholstery2u, comments on the deal:
“This investment will enable us to launch our innovative product to global markets and offer us the flexibility our business needs as it grows. We believe that Upholstery2u has the potential to revolutionise upholstery repairs, bringing the workshop to a customer’s doorstep and we are excited to see where our product will go with the support of Middleton Enterprises.
“It’s been a pleasure working with Adam and the Michelmores team – we’re grateful for their excellent advice throughout the whole process. The Firm really understands what we need and how we like to work, and they adeptly guided us through the investment process complexity with ease.”
Adam Kean adds:
“Middleton Enterprises invests in cutting-edge companies that are set to revolutionise and innovate their markets – Upholstery2u is a prime example of that. We are pleased to have advised Daniel, Michael and their talented team on this exciting new phase of business and look forward to seeing Upholstery2u go from strength to strength with this latest investment round supporting its ambitious expansion plans.”
Michelmores’ award-winning Corporate team of 25 specialist lawyers advises clients across the UK, US, EMEA and beyond – on capital markets, mergers and acquisitions, management buyouts, impact investing, energy projects, microfinance initiatives and more. Read more about our Corporate team services here.