Harris Williams Advises Chequers Capital on its Acquisition of 7days
Summary
“7days experienced robust growth under Silverfleet’s and management’s ownership and has proven itself to be a very stable and resilient platform with an international customer base and multiple avenues to grow,” said Andreas Poth, a director at Harris Williams. “The workwear sector has gained a lot of investor attention over the last few years due to its growing end-markets and high adoption rates.” “Combining the expertise of our colleagues in Frankfurt, London and the U.S. allowed us to provide tailored, strategic advice to Chequers Capital,” added Ed Arkus, a managing director at Harris Williams. “We believe this transaction resulted in a fantastic outcome for all parties and we are excited to watch 7days continue to evolve under its new ownership.” Created in 1973, Chequers Capital is one of the oldest private equity investors in Europe. 7days designs, produces and distributes a wide range of high-quality workwear, from tunics to lab coats, for more than 300,000 customers in the healthcare sector in 12 countries, including Germany, Austria, Switzerland, France, Belgium, the Netherlands and Scandinavia. Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses.