Bridgepoint to invest in Monica Vinader

• Monica Vinader is a UK demi-fine luxury jewellery brand based in London
• This investment marks the ninth platform investment by BDC IV
• Bridgepoint is a listed international alternative asset manager focused on middle-market firms

Bridgepoint will invest in Monica Vinader through its Bridgepoint Development Capital IV (BDC IV). No financial details of the transaction were disclosed.

Monica Vinader is a UK demi-fine luxury jewellery brand headquartered in London. The firm’s total sales have increased fourfold to around £100 million since 2016, according to a release.

Piper and Winona Capital will sell their stakes in Monica Vinader to Bridgepoint as part of the transaction.

This investment marks the ninth platform investment by BDC IV, and its fourth in the UK, according to a release.

“We share the leadership’s team ambition to grow their global community through a digital-first approach, complemented by an own-store and partner network to reach customers however they shop,” said Troy Harris-Speid, director at Bridgepoint Development Capital.

CEO Monica Vinader and MD Gabriela Vinader, who hold a minority stake in the company, will continue to lead it.

The transaction is expected to be completed by 31 March.

London-based BDC is a mid-cap investor that supports international development of small and mid-sized companies.

BDC is a part of Bridgepoint, a listed international alternative asset manager focused on middle-market companies and based in London. The firm has more than €38 billion of assets under management.

Highstead served as financial adviser and Ropes & Gray acted as legal advisor to Bridgepoint.

(Note: Bridgepoint owns PEI Group, the publisher of PE Hub and PE Hub Europe.)