Browne Jacobson completes acquisition of UK stand-up paddleboard leader Red Paddle Co for the Myers Family Office
Our corporate finance team have advised the Myers Family Office, on its purchase of Vian Marketing, the holding company for leading stand-up paddleboard business, Tushingham Sails which is best known in the market for its Red Paddle Co brand.
Browne Jacobson’s corporate finance team have advised the Myers Family Office, on its purchase of Vian Marketing, the holding company for leading stand-up paddleboard business, Tushingham Sails which is best known in the market for its Red Paddle Co brand.
Growth equity investor, Gresham House Ventures sold their stake in Red Paddle Co to Myers Family Office after yielding a 5 x return on investment since its original £4m investment in 2015.
Headquartered in Devon, Tushingham Sails was set up in 1977 by Roger Tushingham and is a water sports equipment manufacturer and distributor that specialises in windsurfing sails and Red Paddle Co stand-up paddle boards. The business supplies a global client portfolio made up of 1,000 leading retailers and schools, with a broad range of water sports products and Red Paddle Co recently partnered with John Lewis to stock some of its popular products from its broader water sports range. It is considered a market leading brand in the UK’s stand-up paddleboard space.
The Browne Jacobson corporate advisory team comprised corporate partner Richard Cox, senior associate, Sam Sharp and associate Sian Harrison. Partner Andrew Noble advised on the corporate tax side of the transaction.
Sam Sharp commented:
“We are pleased to have supported our client, the Myers Family Office, on this strategic investment which will allow Red Paddle Co to further grow its global profile.
Contact
Kara Shadbolt
Senior PR & Communication Manager
kara.shadbolt@brownejacobson.com
+44 (0)330 045 1111
Related expertise
You may be interested in...
Legal Update
Supporting mental wellbeing in the workplace: Practical steps for businesses
Press Release
Browne Jacobson advises Apiary Capital on investment in pharmaceutical marketing agency PIO
Press Release
US-UK trade deal: Reaction from Browne Jacobson lawyers
Legal Update
Patent litigation strategies in the Unified Patent Court (UPC) and UK
Legal Update
Trade mark strategy in a global market
Legal Update
Advertising trends: Influencers, intellectual property and image rights
In Person Event
INTA 2025
Opinion
EHRC releases guidance for employers after Supreme Court ruling on definition of woman
Press Release
Browne Jacobson to explore skills challenges in built environment at UKREiiF event
Legal Update
2025/26 employment rates and limits: Are costs increases having a negative impact on the job market?
Press Release - Firm news
Browne Jacobson appoints Bernhard Maier as Head of Arbitration
Legal Update
Case analysis: Enforceability of MOUs in commercial transactions
Press Release - Firm news
Browne Jacobson expands international disputes offering with new Head of Commercial Dispute Resolution in London
Legal Update
Updated Modern Slavery Act Transparency Guidance: Key obligations and steps for businesses
Legal Update
The proposed Omnibus Directive: A looming sustainability crisis for fashion retail and its supply chains
Legal Update
Hyper-personalisation: Key considerations for organisations implementing AI solutions
Legal Update
Martyn’s Law receives Royal Assent: What does it mean for retailers?
Press Release
Browne Jacobson advises ALB Group on acquisition of former M&S department store in prominent Chesterfield town centre building
In Person Event
Navigating food contamination: reporting and responding to incidents
Legal Update
What new US tariffs mean for retail and supply chain
Legal Update
The UK's new Deposit Return Scheme (DRS) effective from October 2027
Press Release
Browne Jacobson advises Eco2Solar on strategic sale to E.ON UK to drive residential renewable energy growth
Article - Employment Rights Bill
The Employment Rights Bill: What the new amendments mean for employers
Press Release
Browne Jacobson advises shareholders of The Functional Gut Clinic on investment by Foresight Group
Opinion
Economic Crime and Corporate Transparency Act 2023: Voluntary ID verification available from 8 April 2025
Press Release
Browne Jacobson returns to UKREiiF 2025
Press Release
Browne Jacobson advises Dutch mobility business on investment into Irish company Ride Today
Press Release
Browne Jacobson advises Modella Capital on strategic acquisition of WHSmith’s high street retail division
Press Release
Browne Jacobson’s lawyers react to the Spring Statement 2025
In Person Event
Exeter Private Sector Development Club June 2025
Legal Update
Fortifying the future: A strategic blueprint for elevating UK defence investment and support
Legal Update - Retail law roundup
Retail Law Roundup: March 2025
Press Release
Browne Jacobson advises The Range on second phase of Homebase acquisition
Legal Update
Navigating VAT in corporate real estate: Key considerations for landlords and tenants
Press Release
Browne Jacobson advises Literacy Capital on the acquisition and investment in test automation software specialist Trinitatum
Press Release
Browne Jacobson advises Obsequio Group on strategic expansion
Legal Update
PISCES: A big fish in the capital markets pond or a red herring?
Legal Update - DMCC Act
Consumer Law enforcement: Hot topics harmful online choice architecture and dark patterns
Legal Update
Why digital marketers need to comply with cookie regulations to avoid their campaigns being disrupted
