Slick Stitch sews up third acquisition of the year

Wolverhampton-based Slick Stitch, the apparel personalisation fulfilment businesses, has acquired Andrew Hyde Schoolwear for an undisclosed sum.

Andrew Hyde Schoolwear is a national school uniform business supplying uniforms and sports clothing for hundreds of schools across the UK.

It is Slick Stitch’s third acquisition in eight months after it snapped up Dollymix Boutique (a leading player in children’s wear personalisation in the UK) and Molly & Monty (a business which designs and manufactures luxury children’s clothes and gifts in the UK) and adds further to Slick Stitch’s e-commerce portfolio.

Slick Stitch sasy it is currently considering other acquisition opportunities, in particular in the personalised children’s’ wear and school uniform sectors and is confident of adding further brands to its existing portfolio.

Slick Stitch CEO, Inder Jain, said: “We are delighted to have acquired Andrew Hyde Schoolwear and complete our third acquisition in eight months. The business augments our existing school uniform business and e-commerce offering.

“We have exciting plans to grow the business and are also looking at other opportunities I would like to thank Andrew and Julie in trusting us to take the business they have built forward and I wish them all the best in their retirement.”

The Browne Jacobson team advising Slick Stitch comprised corporate finance partner Michael Stace, Lucy Gregory (Corporate) and Nick Smee (IP).

Stace said: “It was a pleasure to help Slick Stitch secure yet another acquisition to add to its e-commerce business We were particularly pleased to achieve completion in a very short space of time and in time for the busiest period of the year ahead of the return to school.”