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17 August 2016Acquisitions

Commercial solicitors Steele Raymond advise Slumbersac on growth

Nick Daviesposted byNick Davies Partner

Commercial solicitors Steele Raymond advise Slumbersac on growth

An ambitious Dorset business that makes sleeping bags for babies and toddlers is going from strength to strength following a £200,000 injection of funds to help the business grow.

Wimborne-based Slumbersac, who specialise in making safe and comfortable sleeping bags for all babies, toddlers and children, is looking to grow in to new markets in Canada, Japan and India thanks to the working capital injection from HSBC and the legal support from Steele Raymond’s commercial team.

Steele Raymond’s legal teams have been advising on a variety of legal issues relating to the company’s growth including, corporate law issues, property and leases, employment and share arrangements. 

Slumbersac Managing Director Karina Grassy said: “As a business it was important that we surround ourselves with the right advisers and an experienced commercial solicitor that would help us grow was one of those. Steele Raymond have depth of knowledge across all of their commercial teams has given us the confidence to grow the business knowing that we are built on very solid foundations.” 

Steele Raymond partner and company and commercial solicitor Nick Davies said: “We started working with Slumbersac in 2012, advising on the acquisition of the business. Since then we have seen the business grow dramatically.”

Nick continued: “Slumbersac is the latest in a long list of clients who we have helped achieve their growth strategies. Working with Karina on such a variety of legal challenges and seeing the business flourish is all the more fulfilling. We very much look forward to continuing to work with Karina and advising Slumbersac on their next chapter of growth.”

To view the Slumbersac website please visit www.slumbersac.co.uk.

If you have any questions for commercial solicitors in Bournemouth, please contact Nick Davies or call us on 01202 294 566.