The long-standing proprietor of The Cotswold Firm, the premium furnishings and homewares model, is paving the way in which for a sale after retaining funding bankers to supervise discussions with potential consumers.
Sources stated an public sale of the premium handcrafted furnishings retailer was not imminent, however acknowledged True was anticipated to pursue a sale within the subsequent couple of years.
The investor has owned the enterprise since 2016.
It stated the rise had been pushed by sturdy momentum behind the model, in addition to enhancements to its digital providing.
The corporate has greater than 250,000 energetic clients, and opened two new showrooms through the half-year interval.
Ralph Tucker, The Cotswold Firm’s chief government, stated it supplied “alternatives to soulless and low-quality furniture”.
It not too long ago recruited TV persona Will Kirk as its high quality knowledgeable, which it hopes will cement its credentials as a vendor of merchandise recognized for his or her craftsmanship and sustainability.
True and The Cotswold Firm declined to remark.
