AURELIUS Finance Company backs Management Buy-Out of M&Co


AURELIUS Finance Company backs Management Buy-Out of M&Co

AURELIUS Finance Company announces that in conjunction with HSBC, they have provided a comprehensive financing solution to support the management buy-out of M&Co, one of the UK’s largest independent fashion retailers.

Founded in 1961, and owned by the McGeoch family, the Glasgow based retailer has grown from six shops to become an important national retailer of women’s, men’s and children’s clothing as well as homeware. With over 200 stores and online offering, 2,000+ employees, an international franchise network and multiple in-house fashion brands including Sonder Studios and Khost – meeting the ever-changing demands of its loyal customer base is at the heart of the M&Co offering.

With the ongoing changes in the retail environment and the impact of Covid-19, M&Co required a commercial and flexible lender to support the company through these unprecedented times.

M&Co CEO, Andy McGeoch said: “We are delighted to be working with Karun and the team at Aurelius Finance Company. We have found them very good to work with and look forward to building on the strong relationship as the business embarks on its new chapter.”

Karun Dhir, Managing Director of AURELIUS Finance Company said: “We are pleased to support Andy, Neil and the rest of the impressive management team at M&Co. It is another great example of the speed and commerciality of AFC, and us being the go-to, supportive partner to businesses in these unprecedented market conditions.”